Goodwill Finance to approve 10.19% bonus share; 23rd AGM on Poush 7; Book Closure on Mangsir 25

Goodwill Finance Company Limited (GFCL) will be convening its 23rd Annual General Meeting (AGM) on Poush 7, 2074. The AGM is going to be held at Goodwill Complex of Goodwill finance, Hattisar, Kathmandu  at 11:00 AM. Main agendas of the AGM are:

• To endorse 10.192 percent bonus share and 0.536 percent cash dividend for tax purpose from the net profit it earned from the fiscal year 2073/74.
• To increase Issued and paid up capital.
• To amend article of association and memorandum of association as per directed by registrar officer or Nepal Rastra Bank.

Other Agendas of the AGM include financial highlights of 2073/74 and appointment of auditor for the FY 2074/75. Only those shareholders owning shares till Mangsir 24, 2074 are entitled to the bonus share of the company. The register of their shareholders will close from Mangsir 25, 2074 to Poush 7, 2074 for the purpose of its upcoming AGM. GFCL has earned net profit of Rs 1.20 crore in the first quarter of the fiscal year 2074/75 as per unaudited report. Its paid up capital currently stand at Rs 72.60 crore.  After issuance of 10.19% bonus share, the paid up capital will reach Rs 80 crore.