Gurans Laghubitta Calls 11th AGM to Approve 10% Dividend

Gurans Laghubitta Financial Institution Limited (GLBSL) has scheduled its 11th Annual General Meeting to endorse the dividend proposed from the company’s profit for the fiscal year 2081/82. The AGM will be held on Kartik 10, Tuesday, at Hile Kanjiruwa Makalu Hotel, Dhankuta, starting at 9:00 AM. The meeting will seek approval for the distribution of a 9.5% bonus share dividend and a 0.5% cash dividend for tax purposes based on the company’s current paid-up capital. The AGM will also discuss authorization to the Board of Directors to amend the company’s Memorandum of Association and Articles of Association, along with the appointment of an auditor and other agenda items. For the purpose of the AGM and dividend distribution, the company has fixed Ashoj 28 as the book closure date. Therefore, shareholders holding shares of GLBSL by the end of trading on Ashoj 27 will be eligible to participate in the AGM and receive the proposed dividend.