Mero Microfinance 4th AGM approves 20% dividend
Sun, Jan 1, 2017 1:00 PM on Latest, Dividend, Bonus & Rights, Featured, AGM/Special AGM, 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.
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