Kathmandu. Gurans Laghubitta Bittiya Sanstha Company has called its AGM to approve the dividend announced to be distributed to the shareholders from the profit of the last fiscal year. The microfinance company has called its eleventh annual general meeting on October 26 at the Hile Kanjirowa Makalu Hotel, Dhankuta. The meeting will begin at 9 am.
The meeting will pass a special resolution to distribute 9.5 percent bonus shares of the existing paid-up capital and 0.5 percent cash dividend for tax purposes. In addition, the meeting will also pass resolutions to authorize the board of directors to amend the Memorandum of Association and Articles of Association and appoint an auditor.
For the purpose of the general meeting and dividend distribution, the microfinance company will close the book on October 12. Accordingly, the shareholders who have been traded in NEPSE till October 11 will be able to participate in the general meeting of the microfinance and receive the dividend to be distributed by the microfinance.
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