These are the agendas at the AGM of Jalpa Community, which has just launched its IPO

jalpa laghubitta news

jalpa laghubitta news

Kathmandu: The annual general meeting of Jalpa Community Microfinance Institution is scheduled to be held on June 11. At the meeting, the company will propose to give authority to the board of directors to do all the work related to merging with other financial institutions.

There is also an agenda to elect two directors from the general group in the board of directors. Similarly, a proposal to amend the management letter and rules of the company is also being presented in the meeting.

The meeting will start at 11 am at Amrapali Cottage, Sukkhanagar, Rupandehi. Wealth, profit and loss and cash flow of the Fiscal Year 2077-78 will be discussed. An agenda has also been set for the fiscal year 2078-79 by appointing an auditor and fixing the remuneration. The company has stated that it will close the book for the meeting from 12 to 28 May. Investors will be able to participate in the meeting till June 25.

It had issued 522,000 IPOs worth Rs 52.2 million from January 7 to January 8. Of this, 8,000 shares were allocated for employees and 26,100 shares for collective investment funds. The general public has applied for the remaining 4 lakh 87 thousand 900 lots.

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