NEPSE adjusted the stock price of Kalika Laghubitta at Rs 659.66 after adjusting 19 percent stock dividend. The last trading price of the stock of Rs 785 on March 29.
Similarly, NEPSE adjusted the stock price of Vijaya Laghubitta at Rs 658.33 after adjusting 20 percent stock dividend. The last trading price of the stock of Rs 790 on March 29.
Kalika Laghubitta Bittiya Sanstha is conducting its 13th AGM on April 12 in Hotel Task International, Buddhachowk, Pokhara at 9 am.
The meeting will endorse a proposal of distributing 19 percent stock and 1 percent cash dividend to its shareholders.
Moreover, the meeting will approve proposals including restructuring promoter and ordinary share ratio at 54.52 and 45.48, delegate authority to BOD to forward merger/acquisition and amend article and memorandum of association, elect a director from promoter shareholders and appoint and auditor.
Similarly, Vijay Laghubitta Bittiya Sanstha (VLBS) is conducting its 10th AGM in Vijay Bikas Srot Kendra, Gaidakot, Nawalparasi at 11:30 am.
The meeting will endorse a proposal of distributing 20 percent stock and 1.0526 percent cash dividend to its shareholders.
Moreover, the meeting will approve merger proposal with Naya Sarathi Laghubitta with a swap ratio of 1:1, issue FPO after merger, convert promoter shares into ordinary and delegate authority to BOD to amend its article and memorandum of association.
