Mahila Sahayatra Laghubitta’s eighth AGM; 10 percent dividend passed

Kathmandu, April 2

The eighth annual general meeting of Mahila Sahayatra Laghubitta Bittiya Sanstha Ltd. passed 10 % dividend. The meeting was concluded on Wednesday at the meeting hall of Retreat Resort, Bajrabarahi, Makwanpur. Chairman of the organization, Amrit Charan Shrestha presented the annual report at the meeting.

With a national level working area and a paid up capital of 13 crore 31 lakh, this financial institution will distribute 10 percent bonus shares from the profit and accumulated profits of FY 2076/77, pass the annual report of FY 2076/77 and profit and loss for the same period. The proposal to appoint an auditor for the post has been passed.

Sarita Shrestha and Deepak Narasimha Shrestha have been elected unopposed as the directors of the two vacant general shareholders from the general meeting. The organization has been providing microfinance services to the most remote and backward communities through 34 branches in 21 districts of Nepal.