Manushi Laghubitta AGM 2025: Merger Plans, No Dividend
2nd March 2025, Kathmandu
Manushi Laghubitta Bittiya Sanstha Limited will hold its 6th Annual General Meeting (AGM) on Chaitra 10 (March 23, 2025). The meeting is scheduled at Hotel View Bhaktapur, Jagati, Bhaktapur, at 10:30 AM.
Manushi Laghubitta AGM 2025
The board of directors finalized this date in their Falgun 16 (February 28, 2025) meeting. Key financial and operational decisions will be discussed during the AGM.
Key Agendas of the Meeting
The AGM will focus on reviewing and approving the annual financial report for the previous fiscal year. Shareholders will also discuss and finalize the appointment of an auditor for the current fiscal year, including their remuneration.
A special proposal will be tabled, giving the board of directors full authority to proceed with a potential merger with another microfinance institution. To facilitate this process, amendments to the company’s memorandum and articles of association will be proposed.
No Dividend for Shareholders
This year, Manushi Laghubitta has not proposed any dividend distribution. Shareholders will not receive any cash or bonus shares from the company’s earnings.
Book Closure and Shareholder Participation
For AGM purposes, the company has announced a book closure on Falgun 25 (March 9, 2025). Only shareholders who hold shares until Falgun 23 (March 7, 2025) will be eligible to attend and participate in the meeting.
Those who complete their transactions through NEPSE by Falgun 22 (March 6, 2025) will also be considered eligible shareholders.
Merger Discussions and Amendments
The company is actively considering a merger with another microfinance institution. If approved, the AGM will grant the board of directors full authority to proceed with necessary legal and administrative actions.
The board will also propose amendments to the company’s governing documents, ensuring alignment with the merger process.
Other Financial Approvals
Apart from merger discussions, the meeting will also review the auditor’s report, financial statements, and annual report. Shareholders will deliberate on these matters before finalizing approvals.
Conclusion
Manushi Laghubitta’s AGM will play a crucial role in determining its future financial direction and merger possibilities. While shareholders may not receive dividends this year, they will play a key role in approving critical decisions that will shape the company’s future.
For more: Manushi Laghubitta AGM 2025
