Arambha Microfinance approves 70% right  shares from its 4th AGM; elects 2 BoDs from public shareholders

Wed, Jan 9, 2019 6:12 AM on AGM/Special AGM, Dividend, Bonus & Rights, Latest,

Arambha Microfinance has conducted its 4th AGM in Banepa on Poush 24, 2075 under the leadership of company’s chairman Mr. Dipak Tiwari.

The event was also attended by Acting CEO Mr. Puskar Ghimire in which it was decided that the company will issue right shares to its existing shareholders in the ratio of 10;7. In addition, the AGM has also elected 2 members to its board from the public shareholder group.

The microfinance currently provides microcredit facilities to more than 13 thousand households from its 20 branches located at 15 different districts.