Last day to secure dividend of 2 microfinance companies

Mar 02, 2023 10:13 AM Merolagani



Today is the last day to secure dividend of two microfinance companies including Deprosc Laghubitta BIttiya Sanstha and Support Microfinance Bittiya Sanstha.

The companies are closing their books on March 3, thus, the shareholders registered in their books till March 2 will be eligible to attend the AGM and obtain the announced dividend.

Deprosc Laghubitta is conducting its 21st AGM on March 14 in Hotel Seven Star, SAuraha, Chitwan at 11 am.

The meeting will endorse a proposal of distributing 10 percent stock and 11.052632 percent cash dividend. Moreover, the meeting will will endorse an acquisition proposal of Aadarsha Laghubitta by Deprocs Laghubitta with a swap ratio of 1:1, delegate authority to BOD to complete all acquisition procedure and start joint transaction in the name of Deprocs Laghubitta.

Similarly, Support Microfinance  is conducting 8th AGM on March 18 in Durga Party Palace, Itahari, Sunsari at 9:30 AM.

The meeting will approve a proposal of distributing 11 percent stock and 0.5789 percent cash  dividend to its sharehodlers. Moreover, the meeting will delegate authority to BOD to forward merger/acquisition with suitable partners and amend its article and memorandum of association .

 




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