With Agenda to Discuss IPO Issuance and Authorize BOD for Merger/ Acquisiton, Shrijanshil Laghubitta calls AGM on 29th Poush
Thu, Dec 31, 2020 11:12 AM on Latest, IPO/FPO News, AGM/Special AGM, Merger/Acquistion,
Shrijanshil Laghubitta Bittiya Sanstha Limited has called its 2nd AGM on 29th Poush, 2077. The meeting will be held in the company's central office in Siraha. The meeting will commence at 11 am that day.
Among other proposals, the AGM will authorize the BOD to initiate merger and acquisition-related procedures. It is to be noted that Mirmire Laghubitta (MMFDB) and Shrijanshil Laghubitta have already signed a memorandum of understanding (MOU) agreement with each other for the acquisition of the latter by the former. The agreement was signed earlier this year on Ashwin 12.
Furthermore, the AGM also has the agenda to discuss the issuance of its ordinary shares to the general public in an IPO.