Swabalamban Laghubitta Calls 21st AGM on 19th Falgun to Endorse 21.05% Dividend; When's the Book Closure?

Swabalamban Laghubitta Bittiya Sanstha Limited (SWBBL) has called its 21st AGM on 19th Falgun, 2079. The meeting will be held in the Lainchaur Banquet, Lainchaur, Kathmandu, starting at 10:30 AM that day.

Among the other agendas, the AGM will endorse a 21.05% dividend worth Rs. 23.62 crores for the fiscal year 2078/79. The 403rd board of directors meeting held on Poush 27 decided to distribute the dividend on the paid-up capital of Rs. 1.12 Arba. 15% bonus shares worth Rs 16.83 crores and a 6.05% cash dividend (including tax) worth Rs 6.79 crore have been proposed.

Furthermore, there is an agenda to endorse the auditor's report with PL statements, financial reports, and cash flow reports for FY 2078/79 and appoint an auditor for the fiscal year 2079/80. The proposal to provide the BoDs authority to oversee any company-related merger or acquisition procedures will be approved during the meeting. The meeting will also approve the proposal to elect and appoint new directors and convert the promoter to public shareholding ratio from 70: 30 to 60:40.

The book closure date is on Falgun 10. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM.

 

AGM Notice