The shareholders can also attend the AGM through a virtual medium.
The meeting will endorse a proposal of distributing 10 percent stock and 0.53 percent cash dividend to its shareholders. Moreover, the meeting delegate authority to BOD to forward merger/acquisition procedure with suitable partners and elect 2 directors from ordinary shareholders.
Given that the company is in merger process with National Microfinance, its trading is in suspension in NEPSE since January 21.
Currently, the company has a paid-up capital of Rs 133.1 million that will reach Rs 146.4 million after the dividend distribution.
