Support Microfinance AGM and book close; Merger & right share the main agenda

March 12, 2019 | Investopaper

Support Microfinance has informed Nepal Stock Exchange (NEPSE) about its upcoming Annual General Meeting (AGM). The company will organize its AGM on Chaitra 23, 2075. The book closure date for the purpose of AGM is Chaitra 7,2075.

The microfinance is taking the proposal to issue 3:2 right shares in the upcoming annual meeting. The current capital is Rs. 6 crores. After 3:2 right shares, the paid-up capital will rise to Rs. 10 crores.

The meeting will also provide authority to the board of directors for the purpose of mergers and acquisition with other microfinance. Two directors from the public shareholders will also be elected through the AGM.


Investopaper is a financial website which provides news, articles, data, and reports related to business, finance and economics.

Leave a Reply

Your email address will not be published.

error: Content is protected !!