Mahila Laghubitta Bittiya Sanstha Limited (MLBSL) successfully convened its 7th Annual General Meeting (AGM) at Anmol Catering Services, Shankhamul, Kathmandu. Under the leadership of Tara Kunwar, the AGM reviewed and ratified the FY 2080/81 financial statements, encompassing the balance sheet, profit & loss report, and cash flow information. It also appointed an external auditor for FY 2081/82 following regulatory standards.
The meeting endorsed a revision to Article 32 (G) of the organization’s bylaws and conferred complete authority to the board for mergers, acquisitions, and asset evaluation with other ‘D’ class microfinance institutions. CEO Krishna Prasad Neupane assured shareholders of improved future profitability, while MP Julie Kumari Mahato expressed best wishes for the organization’s advancement. Chief Guest Tulsi Thapa highlighted the importance of collaboration among women’s financial institutions for sustainable development. The event saw robust participation from shareholders.
