Both companies are closing their books on March 31 thus, the shareholders registered in its book till March 30 will be eligible to attend the AGM and obtain the announced dividend.
Jivan Bikas Laghubitta Bittiya Sanstha (JBLB) is conducting its 3rd AGM on April 13 in its head office at Katahari Morang, Makwanpur at 10:30 AM.
The meeting will endorse a proposal of distributing now amended 14.285 percent stock and 0.714 percent cash dividend to its shareholders.
Previously, the company had announced of distributing 26 percent stock and cash dividend of 7.15 percent.
The meeting will also delegate authority to BOD to forward merger/acquisition with suitable partners and increase its authorized and issued capital, and appoint an auditor.
Similarly, NMB Laghubitta Bittiya Sanstha is conducting its 10th AGM on April 28 in City Square, Newroad, Pokhara at 12.30 noon.
The meeting will endorse a proposal of distributing 10 percent stock and 0.5263 percent cash dividend to its shareholders.
Moreover, the meeting will approve proposal of amending its headquarter address, 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.
