NADEP Laghubitta Announces 10th AGM on Jestha 25

NADEP Laghubitta Bittiya Sanstha Limited (NADEP) has announced its 10th Annual General Meeting (AGM), which is scheduled to take place on Jestha 25, 2082. The meeting will be held at Triple Crown Resort, Galchi, Dhading, starting from 10:00 AM onwards.

The AGM will cover several important agendas related to the company’s financial and strategic direction. Key items on the agenda include the endorsement of the financial statements for the fiscal year 2080/81, including the auditor’s report, Profit and Loss statements, financial reports, and cash flow statements. Additionally, the meeting will approve the appointment of an auditor for the fiscal year 2081/82.

One of the notable agenda points includes the discussion on changing the shareholding ratio, which could have implications for the company's ownership structure. Furthermore, the shareholders will deliberate on providing authorization to the Board of Directors (BODs) to manage any processes related to mergers or acquisitions involving the company. The meeting will also address other miscellaneous topics under the final agenda.

The company has set Jestha 12 as the book closure date, meaning shareholders who hold shares before this date will be eligible to participate in the AGM and exercise their voting rights.

This AGM is expected to play a vital role in shaping the strategic future of NADEP Laghubitta, especially considering the potential restructuring and merger-related discussions on the table.