The company has listed the proposal for approval from its upcoming 7th annual general meeting (AGM) to be held on July 16 at its central office, Lamki, Kailali at 10 am.
The AGM will endorse special proposals including issuing FPO, issuance of 100 percent right shares of the existing paid-up capital maintained after FPo issue, delegate authority to the Board of Directors to carry out merger or acquisition with other microfinance institutions and amend the Memorandum of Association and Articles of Association.
In this regard, the company will close the book for one day on July 7. thus, the shareholders registered in its book till July 6 will be eligible to attend the AGM.