Womi Microfinance 7th AGM today; to endorse 20% bonus shares

Womi Microfinance Bittiya Sanstha Limited (WOMI) is convening its 6^th Annual General Meeting (AGM) today (Kartik 30, 2074). The AGM is being held at Sunshine Highway Inn, Dhading at 11:30 AM. The main agendas of the AGM are:

• To endorse 20% bonus shares.
• To increase issued and paid up capital.
• To amend Memorandum of Association (MOA) and Articles of Association (AOA).

Other agendas of the AGM are major financial highlights of the FY 2073/74 and appointment of auditor for the FY 2074/75. The book closure date was set from Kartik 16 to Kartik 30, 2074. But only those shareholders owning shares till Kartik 15, 2074 are eligible to participate in the AGM and for proposed dividend. WOMI’s paid up capital currently stands at Rs 6.48 crore, and after 20% bonus share, its paid up capital will reach Rs 7.77 crore. Likewise after recently announced of 30% right share its capital will reach Rs 10.10 crore. WOMI had earned net profit of Rs 73.10 lakh in the first quarter of the FY 2074/75.