Pokhara, 14 January. The fourth annual general meeting of Sparsha Laghubitta Bittiya Sanstha ltd has been concluded. On Wednesday, the board of directors of the organization, Prof. Dr. The meeting was held under the chairmanship of Sushil Bhakta Mathema. The General Assembly has unanimously passed the annual report of the chairperson, appointment of auditor for FY 2077/07, balance sheet for FY 2076/07, profit and loss account, cash flow statement and changes in equity.
The General Assembly has passed a proposal to distribute cash dividend of Rs. 962,152 (for tax purposes only on bonus shares) at the rate of 1.026316 percent of the existing paid up capital as proposed by the Board of Directors. Similarly, a proposal has been passed to issue bonus shares of Rs. 182,80,897, which is 19.50 percent of the existing paid-up capital of Rs. 937,48,190, said Sajal Khadka, chief executive officer of the organization. On the basis of the Asset and Liability Assessment Report, a proposal has been passed to maintain the share swap ratio by giving 0.90 (zero point nine zero) shares of Global IME Laghubitta Bittiya sanstha ltd, equal to 1 (one) share of Sparsha Laghubitta bittiya sanstha ltd.
Chief Executive Officer of the financial institution Sajal Khadka welcomed all present at the meeting conducted by Deputy Manager Sudip Acharya.