Forward Community Microfinance Bittiya Sanstha Limited (FOWAD) will gather its fifth Annual General Meeting (AGM) on Chaitra 4, 2074. The AGM will be held at FOWAD head office, Duhabi, Sunsari at 11:00 AM.
The fundamental motivation of the AGM are:
To underwrite half extra offers and 15% money profit from the net benefit of Rs 25.06 crore it had earned in the FY 2073/74.
To lead decision of Board of Directors (BOD).
To increment approved, issued and paid up capital of the organization.
To alter the Memorandum of Association (MOA) and Articles of Association (AOA).
Different plans of the AGM are major money related features of the FY 2073/74 and arrangement of inspector for the FY 2074/75.
The book conclusion date for the AGM has been determined to Falgun 17 to Chaitra 4, 2074. Along these lines, just those investors holding shares till Falgun 16, 2074 i.e. one day in front of the book conclusion date are qualified to take an interest in the AGM and proposed profit.
Its paid up capital will reach to Rs 30 crore from existing Rs 20 crore after conveyance of half extra offers.
It had posted net benefit of Rs 14.54 crore in the second quarter of the FY 2074/75.
Its LTP remained at Rs 3,311 starting last exchanging day.