Nesdo Samriddha Microfinance 7th AGM Completion
15th January 2026, Kathmandu
Nesdo Samriddha Microfinance AGM has been successfully concluded, marking an important governance milestone for Nesdo Samriddha Laghubitta Bittiya Sanstha Limited. The institution held its 7th Annual General Meeting (AGM) on Poush 30, 2082, at Royal Resort in Kusma, with the participation of shareholders, board members, and company representatives.
Nesdo Samriddha Microfinance AGM
The AGM was conducted in accordance with regulatory requirements and the decisions of the Board of Directors. During the meeting, shareholders reviewed the institution’s overall performance, financial position, and operational progress for the recently completed fiscal year. The successful completion of the AGM reflects the company’s commitment to transparency, accountability, and sound corporate governance practices.
One of the key agendas of the Nesdo Samriddha Microfinance AGM was the approval of the financial statements for the fiscal year ending mid-July 2025 (Ashar end 2082). Shareholders approved the balance sheet as of Ashar end 2082, along with the profit and loss account covering the period from Shrawan 1, 2081 to Ashar end 2082. The cash flow statement and related schedules for the same period were also thoroughly reviewed and formally endorsed during the meeting.
The approval of these financial statements indicates shareholder confidence in the institution’s financial reporting standards and internal control mechanisms. It also confirms that the company has complied with applicable accounting standards and regulatory guidelines set by the relevant supervisory authorities. For investors and stakeholders, this approval serves as an important assurance regarding the financial health and operational integrity of the microfinance institution.
In addition to the financial statements, the AGM approved the appointment of an external auditor for the ongoing fiscal year. The proposal also included the determination of the auditor’s remuneration, which was passed without objection. The appointment of an auditor is a critical component of corporate governance, as it ensures independent verification of financial records and strengthens stakeholder trust.
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The Nesdo Samriddha Microfinance AGM did not include dividend distribution proposals, indicating that the institution may be prioritizing capital conservation, portfolio expansion, or strengthening its financial base. Such an approach is common among growing microfinance institutions, particularly those focused on expanding outreach, improving service delivery, and enhancing long-term sustainability.
Nesdo Samriddha Laghubitta operates within Nepal’s microfinance sector, which plays a vital role in promoting financial inclusion, especially in rural and semi-urban areas. By providing access to credit and financial services to underserved communities, microfinance institutions like Nesdo Samriddha contribute directly to entrepreneurship development, income generation, and poverty reduction.
The successful completion of the 7th AGM demonstrates the institution’s steady progress and organizational maturity. Regular and timely AGMs enable shareholders to actively participate in decision-making processes, evaluate management performance, and ensure that the institution remains aligned with its stated objectives and regulatory obligations.
From a governance perspective, the AGM outcomes reinforce the role of shareholder oversight in maintaining operational discipline and financial transparency. The approval of key financial documents and auditor appointment reflects a structured and compliant approach to institutional management.
In conclusion, the Nesdo Samriddha Microfinance AGM marks a significant step in the institution’s ongoing journey toward sustainable growth and responsible financial management. With approved financial statements, a duly appointed auditor, and continued adherence to governance norms, Nesdo Samriddha Laghubitta remains positioned to strengthen its role within Nepal’s microfinance landscape while continuing to serve its stakeholders effectively.
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