Swastik Laghubitta Bittiya Sanstha Declares Date and Key Agenda for 7th Annual General Meeting
20th August 2026, Kathmandu
Swastik Laghubitta Bittiya Sanstha Limited has officially announced its 7th Annual General Meeting
Swastik Laghubitta 7th AGM Declared
The AGM was announced following a Board of Directors decision setting the date, time, venue, and detailed agenda for the assembly.
Meeting Schedule and Venue Details
- Date: Bhadra 27, 2083
- Time: 11 00 AM
- Venue: Bishal Hotel, Lahan, Siraha
Book Closure and Shareholder Eligibility
To conduct the 7th Annual General Meeting, the company announced a book closure period starting Bhadra 11, 2083.
- Book Closure Date: Bhadra 11, 2083
- Eligibility Cutoff: Shareholders registered on the company books through Bhadra 10, 2083, are eligible to attend and participate in the meeting decisions.
Key Special Proposals for Shareholder Approval
Right Shares Issuance: Shareholders will consider and vote on a special proposal to issue 200 percent right shares in a 1 to 2 ratio based on the company current paid-up capital.
Capital Enhancement and Regulatory Adjustments: The assembly will consider special proposals to amend the company Memorandum of Association and Articles of Association to facilitate capital expansion. The board will be granted authority to integrate mandatory adjustments recommended by regulatory authorities.
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Merger and Acquisition Mandate: The meeting will discuss authorizing the Board of Directors, or an appointed representative, to execute and finalize merger or acquisition procedures if a suitable microfinance institution partner is identified.
Standard and Operational Agendas
Election of Board Members: The meeting will conduct elections for two director positions, including one mandatory female director representing the Board of Directors.
Financial Statements Endorsement: Approval of the annual report and auditor financial report covering fiscal year 2081 82.
Auditor Appointment: Appointment of an official auditor and determination of audit remuneration for fiscal year 2082 83.
For More: Swastik Laghubitta 7th AGM Declared
