Nagbeli Laghubitta to organize AGM on Magh 26; To endorse 25% right after the bonus

January 15, 2020 | Investopaper

Nagbeli Laghubitta has announced its 10th Annual General Meeting (AGM) on Magh 26, 2076. The board of directors meeting held on Poush 24 confirmed the date of the annual meeting. The meeting will take place at the City Party Palace, Birtamod, Jhapa after 10:30 AM.

In the AGM, the chairman will present and discuss the financial report of the fiscal year 2075/76.

Likewise, the meeting shall endorse 26 percent bonus share and 1.368 percent cash dividend to the shareholders. The other agenda includes providing the authority to BOD for any merger/acquisition-related decisions.

Likewise, the Annual Meeting will approve 4:1 right share on the capital after the adjustment of bonus share.

For the purpose of AGM, the shareholders’ registration book will remain closed on Magh 13, 2076. Investors acquiring shares until Magh 12 are eligible to receive the dividend and participate in the AGM of Nagbeli Laghubitta.

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