The meeting is scheduled to endorse a proposal of distributing 15 percent stock and cash dividend of Rs 393,245 to the shareholders.
The meeting will also delegate authority to BOD to amend article of association and policies and elect two directors from ordinary shareholders.
In this regard, the company is closing its book from December 17-28, thus, the shareholders registered in its book till December 16 will be eligible to attend the AGM and obtain the announced dividend.
Nepal Agro Laghubitta, headquartered at Parbat and NESDO Samridha Laghubitta, headquartered at Kaski signed a merger agreement on October 4, however, no agenda regarding the merger has been listed for the AGM.
