Asha Laghubitta Calls 9th AGM on Poush 4; 10% Dividend to Be Endorsed

Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has announced that its 9th Annual General Meeting (AGM) will be held on Poush 4, 2082. The meeting is scheduled to take place at Hotel Araniko, Dhulikhel, Kavrepalanchowk, starting at 2:00 PM.

One of the major agendas of the AGM is the endorsement of a 10% dividend for FY 2081/82. The decision was approved during the 178th meeting of the Board of Directors held on Kartik 28. The proposed dividend includes 9.5% bonus shares amounting to approximately Rs. 6.96 crores and 0.5% cash dividend (including tax) totaling around Rs. 36.65 lakhs, distributed from the paid-up capital of Rs. 73.30 crores.

The AGM will also endorse the auditor’s report, profit and loss statements, financial reports, and cash flow statements for the fiscal year. Additionally, the meeting will appoint an auditor for FY 2082/83.

Another important agenda includes identifying a suitable microfinance company for a potential merger or acquisition with Asha Laghubitta.

The book closure date has been fixed for Mangsir 22. Therefore, shareholders who are listed before this date will be eligible to receive the dividend and participate in the AGM.

The upcoming AGM is expected to finalize key strategic decisions related to dividend endorsement, governance updates, and future expansion plans of Asha Laghubitta.