Swabhimaan Laghubitta Proposes 1:1 Right Share Issue and M&A Mandate at 10th Annual General Meeting

29th October 2026, Kathmandu

Swabhimaan Laghubitta Bittiya Sanstha Limited has proposed issuing 100 percent right shares on a 1:1 ratio alongside securing merger and acquisition (M&A) mandates during its upcoming 10th Annual General Meeting (AGM).

Swabhimaan Laghubitta Right Share 

AGM Schedule and Key Special Resolutions

According to the official notice published by the microfinance institution, the board of directors meeting resolved to convene the annual general meeting to approve capital expansion plans and strategic proposals.

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• AGM Date and Venue: The 10th Annual General Meeting will convene on Mangsir 14, 2083 (Monday), at 11:00 AM at The SR Hotel, Drivertole, Tilottama Municipality-1, Rupandehi.
• Right Share Ratio: The special agenda includes issuing right shares in a 1:1 ratio based on the current paid-up capital of NPR 153,445,509.
• Post-Issue Capital Impact: Eligible shareholders holding one existing share will be entitled to apply for one additional right share, subject to regulatory approval and legal procedures.
• Capital Structure Amendments: The AGM will discuss expanding the institution’s authorized, issued, and paid-up capital, including corresponding amendments to its Memorandum and Articles of Association.
• Merger and Acquisition Mandate: The board will seek authorization to execute potential merger or acquisition processes with other licensed Class ‘D’ microfinance institutions.
• Board Authority for Regulatory Modifications: The meeting will authorize the board of directors to make necessary amendments to proposed charter revisions if directed by regulatory authorities.

Financial Statements, Directorship Election, and Book Closure Details

The general meeting will address routine statutory agendas, director appointments, and eligibility timelines for shareholders.

• Financial Approvals: The AGM will deliberate and approve the annual report for the fiscal year 2082/83, along with audited financial statements, while appointing statutory auditors and fixing their remuneration for the upcoming financial period.
• Board Election: The meeting agenda includes electing one director representing public shareholders.
• Book Closure Date: The company has fixed Mangsir 20, 2083, as the official book closure date for the annual general meeting.
• Shareholder Eligibility: Investors trading on the Nepal Stock Exchange (NEPSE) up to Mangsir 19, 2083, and officially registered in the company’s records will be eligible to participate and vote in the AGM.
• Institutional Profile: Headquartered in Tilottama-5, Rupandehi, Swabhimaan Laghubitta operates as a Class ‘D’ microfinance institution licensed by Nepal Rastra Bank.

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