Central Finance to conduct 21st AGM on 1st Mangsir: Company to endorse 8.73% bonus share

Central Finance Limited (CFCL) is going to conduct its 21st Annual General Meeting (AGM) on 1st Mangsir, 2075. The AGM will be held at Nepal Prasasanik Prasikshan Pratisthan, Jawalakhel, Lalitpur at 11: AM. The main agendas of the AGM are:

  • To endorse an 8.73% percent bonus share.
  • Due to the merger with the Bhaktapur Finance Company, the shareholders holding company's shares till 2073/12/10 will be exempted from the dividend tax.
  • To amend an article of association and memorandum of association as per directed by registrar officer or Nepal Rastra Bank.

After the bonus distribution, the paid-up capital of the company will reach Rs 87.17 crore from Rs 80.17 crore. Other agendas of the meeting include endorsement of the financial report for the FY 2074/75 and appointment of the statutory auditor for the fiscal year 2075/76. The book will remain closed on 14th Kartik for the AGM. The LTP of the stock stands at Rs 124.