RSDC Laghubitta to Hold 12th AGM in Butwal on November 28; 8.27% Cash Dividend Proposed

RSDC Laghubitta Bittiya Sanstha Limited has announced that its 12th Annual General Meeting (AGM) will be held on Friday, November 28, 2025 (Mangsir 12, 2082). The decision was made during the 177th meeting of the Board of Directors held on October 31, 2025 (Kartik 15, 2082). The AGM will take place at Western Asian Hotel Pvt. Ltd. in Butwal, Rupandehi, starting at 9:30 AM.

The primary agenda of the meeting is to discuss and approve the 8.27% cash dividend proposed by the Board of Directors. This dividend, amounting to Rs. 82,725,153.36 (including the tax amount), will be distributed to shareholders from the profits of the fiscal year 2081/82. Additionally, the AGM will review and pass the annual reports of the Board of Directors, the auditor's report, and the complete financial statements for the fiscal year 2081/82.

A crucial item on the agenda involves granting the Board of Directors the authority to initiate merger or acquisition proceedings with any other suitable bank or financial institution. This special resolution includes authorizing the formation of a Merger Committee, appointing a Due Diligence Audit (DDA) team, fixing their remuneration, and undertaking all necessary steps to facilitate a potential merger or acquisition.

Furthermore, the AGM will approve the appointment of the external auditor for the fiscal year 2082/83 and fix their remuneration. The incumbent auditor, Shree P. L. R. G. Associates Chartered Accountants, is eligible for reappointment under Section 111(3) of the Companies Act, 2063.

For the purpose of the AGM and dividend distribution, the company has set the book closure date for Kartik 25, 2082 (approximately November 11, 2025). Therefore, only shareholders who have traded and maintained ownership of the shares in NEPSE until Kartik 24, 2082 will be eligible to participate in the AGM and receive the proposed cash dividend. The share registrar for the company is Global IME Capital Limited.