On Baisakh 16, Dhaulagiri and Khaptad Laghubitta call an annual general meeting

On Baisakh 16, Dhaulagiri and Khaptad Laghubitta call an annual general meeting

The fourth and third annual general meetings (AGM) have been scheduled for 16 Baisakh, 2080. Respectively, by Dhaulagiri Laghubitta Bittiya Sanstha Limited (DLBS) and Khaptad Laghubitta Bittiya Sanstha Limited (KLBS).

The DLBS conference will take place at its Baglung headquarters, while the KLBS meeting will take place at the Hotel Namaste in Attariya. On that day, the DLBS meeting will begin at 10 AM, while the KLBS meeting will begin at 9 AM.

The AGMs will also vote on a proposal to launch a joint venture following a successful merger under the name “Dhaulagiri Laghubitta Bittiya Sanstha Limited,” among other items on the agenda.

Pass the resolution to alter the Articles of Association to reflect the increase in capital that would result from the merging of the firms.

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At the conference, it is proposed that the BoDs be given the power to supervise all merger-related processes and any required adjustments that must be made in accordance with directives from regulatory agencies.

Dhaulagiri and Khaptad Laghubitta call an annual general meeting

Although two directors will be chosen at the KLBS meeting from the public shareholding group. One will choose at the DLBS meeting from the public shareholding group.

City Hotel Limited Issue its IPO Share to the Nepalese Employee Working Abroad from 21 Chaitra 2079

On 18th Mangsir 2079, the corporations signed a merger agreement. The Nepal Stock Exchange has listed 10.31 lakh units of DLBS’ IPO shares and 4 lakh units of KLBS’ shares (NEPSE). DLBS has a total paid-up capital of Rs. 10.31 crores, KLBS, in contrast, has a paid-up capital of Rs. 4 crores.

The book closing date for both businesses’ AGMs is Baisakh 1. Thus, this AGM is open to shareholders who were registered before that date.

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