First Microfinance Calls Out AGM

Nov 27, 2024 11:30 AM Merolagani



First Microfinance Laghubitta Bittiya Sanstha (FMDBL) has called out its 15th AGM on December 26 in Amrapali Banquet, Bhatbhateni, Kathmandu at 10 am.

The meeting will endorse a proposal of distributing 9 percent stock dividend and 0.47 percent cash dividend for tax purposes to its shareholders. Moreover, the meeting will approve proposals of increasing authorized, issued and paid-up capital, delegate authority to BOD to amend article and memorandum of association and forward merger/acquisition, appoint an auditor and elect three directors from ordinary shareholders.

In this regard, the company is closing its book on December 8, thus, the shareholders registered in its book till December 5 (last trading day before bookclose) will be eligible to attend the AGM and obtain the announced dividend.




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