Venture Hire Purchase Conducts 10th AGM Today With 15 Cash Dividend Proposal

15th September 2026, Kathmandu

Venture Hire Purchase is conducting its 10th Annual General Meeting today, Bhadra 30, 2083 (September 15, 2026).

Venture Hire Purchase AGM

The assembly is scheduled to begin at 3:00 PM at the company registered office located in Panipokhari, Kathmandu-3.

The meeting schedule and key agendas were formally established during the board of directors meeting held on Bhadra 5, 2083. Shareholders will review and vote on several strategic proposals including cash dividend distribution, corporate governance enhancements, auditor selection, and a public share issuance plan.

Proposed 15 Percent Cash Dividend Payout

A primary item on the AGM agenda is the formal endorsement of a 15 percent cash dividend. The board recommended the payout to deliver direct capital returns to eligible shareholders based on financial performance from the preceding fiscal year.

If approved by shareholders during today session, Venture Hire Purchase will initiate the distribution process in accordance with corporate procedures and regulatory mandates.

Advertisement

Financial Statements Review and Auditor Appointment

The assembly will review core operational and compliance documentation for the past fiscal year:

• Board of Directors Report: Operational evaluation and management overview.
• Financial Auditor Report: Comprehensive review of balance sheet integrity, profit and loss statements, and cash flow performance.
• Auditor Appointment and Remuneration: Selection of an independent auditor for the ongoing fiscal year alongside authorization of audit fees.

Board Appointments and Governance Framework

Shareholders will deliberate on key corporate governance proposals aimed at strengthening management oversight:

• Director Appointments: Confirmation and approval of board member selections.
• Independent Director Appointment: Formal appointment of an independent director to maintain objective governance standards.
• Board Compensation: Approval of meeting allowances and remuneration frameworks for board members.

Strategic Public Share Issuance Agenda

Venture Hire Purchase has included a key strategic proposal seeking shareholder authorization for a public share issuance.

Approval of this proposal will grant management the mandate to execute capital expansion plans, subject to market conditions, regulatory compliance, and official clearances from regulatory bodies.

Key Event Summary

• Company Name: Venture Hire Purchase
• Corporate Event: 10th Annual General Meeting
• Date and Time: Bhadra 30, 2083 (September 15, 2026) at 3:00 PM
• Assembly Venue: Registered Office, Panipokhari, Kathmandu-3
• Board Meeting Date: Bhadra 5, 2083
• Main Dividend Recommendation: 15 percent cash dividend
• Key Agendas: Financial statements approval, auditor appointment, 15 percent cash dividend approval, director appointments, independent director selection, board remuneration, public share issuance proposal

For More: Venture Hire Purchase AGM