Jeevan Bikas Laghubitta Calls Annual General Meeting
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23rd December 2025, Kathmandu
Jeevan Bikas Laghubitta Bittiya Sanstha Limited has officially announced its seventh annual general meeting to address several key agendas including the distribution of dividends and potential merger plans. The meeting of the board of directors held recently decided to convene the assembly on Poush 29 2082. This national level microfinance institution which is a major player in the nepalese financial sector will host the event at its central office located in Katahari Morang. The meeting is scheduled to begin at 10:30 in the morning and will serve as a platform for shareholders to review the performance of the institution over the past fiscal year and participate in crucial decision making processes.
Jeevan Bikas Laghubitta AGM
The primary attraction for the investors in this upcoming annual general meeting is the endorsement of the dividend proposed for the fiscal year 2081 2082. The board has recommended a total dividend of 14.74 percent of the current paid up capital. This dividend package is structured as 14 percent in the form of bonus shares and 0.74 percent as a cash dividend which is intended to cover the tax obligations of the shareholders on the bonus shares. The total distributable profit of the institution has reached a significant level which allows it to reward its shareholders while simultaneously strengthening its capital base through the issuance of new bonus units.
The decision to issue 14 percent bonus shares is a strategic move to increase the issued and paid up capital of the company. In the microfinance sector of Nepal maintaining a strong capital adequacy ratio is essential for sustainable growth and for meeting the regulatory requirements set by Nepal Rastra Bank. Once the bonus shares are approved and distributed the total capital of Jeevan Bikas Laghubitta will see a proportional increase. This capital hike will enable the institution to expand its lending capacity and reach more families in rural and underserved areas of the country. Consequently the annual general meeting will also pass a resolution to amend the memorandum and articles of association to reflect this change in the capital structure.
Beyond the financial rewards another critical agenda on the table is the special proposal to authorize the board of directors to move forward with merger and acquisition processes. The microfinance sector in Nepal is currently undergoing a period of consolidation as per the directives and incentives provided by the central bank. By obtaining a fresh mandate from the shareholders the management of Jeevan Bikas Laghubitta will have the flexibility to identify and negotiate with other suitable microfinance institutions for potential business combinations. Such mergers are often aimed at achieving synergy reducing operational costs and increasing the overall competitive edge of the entity in an increasingly crowded market.
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In addition to the strategic and financial discussions the seventh annual general meeting will oversee important changes in the corporate governance of the institution. The agenda includes the election of three directors from the general public shareholders group. This election is a vital part of maintaining transparency and ensuring that the voices of individual investors are represented in the board room. The meeting will also review and approve the annual report of the board of directors along with the financial statements and auditor report for the fiscal year 2081 2082. Furthermore the shareholders will be asked to appoint an external auditor for the current fiscal year 2082 2083 and fix their remuneration as per the standard practices of the company.
For the purpose of the annual general meeting and the distribution of the proposed 14.74 percent dividend the institution has announced a book closure date. The register of shareholders will be closed on Poush 21 2082. This means that only those investors who have purchased or held the shares of Jeevan Bikas Laghubitta until the end of the trading day on Poush 20 will be eligible to participate in the meeting and claim the dividend benefits. Investors who enter the market after the book closure date will not be entitled to the bonus shares or the cash dividend for this specific cycle.
Jeevan Bikas Laghubitta has built a reputation as one of the most efficient microfinance companies in Nepal with a strong focus on poverty reduction and financial inclusion. Its head office in Morang manages a wide network of branches that serve thousands of families across various districts. The announcement of a nearly 15 percent total dividend is expected to maintain a positive sentiment among its long term investors even as the broader market faces various challenges. The management has expressed confidence that the proposed merger and acquisition authority will help the institution maintain its leading position in the industry while providing better services to its clients.
In summary the seventh annual general meeting on Poush 29 is not just a routine event but a significant milestone that will determine the future capital strength and strategic direction of the company. Shareholders are encouraged to attend the meeting at the Katahari head office to exercise their voting rights and stay informed about the progress of their investment. The combination of healthy dividends and a clear path toward potential expansion makes Jeevan Bikas Laghubitta a key entity to watch in the nepalese share market in early 2082.
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