Mero Microfinance 4th AGM approves 20% dividend

- ShareSansar, January 1, 2017  on AGM/ Special AGM , Dividend, Right & Bonus , Featured , Latest , Stock Market

Mero Microfinance Bittiya Sanstha Limited has successfully conducted its 4th Annual General Meeting (AGM).

The AGM has approved 20% dividend (10% stock and 10% cash dividend). With this the paid up capital of the microfinance company will reach to Rs 22 crore.

Other agendas of the AGM included financial highlights of the FY 2072/73, appointment of auditor and election of 2 BOD members from public shareholders group.

Mero Microfinance has earned net profit of Rs 2.14 crore in the first quarter of the fiscal year 2073/74 as per unaudited report.