Civil Laghubitta convenes its 10th AGM; endorses proposal of 20% dividend to its shareholders

Mon, Nov 15, 2021 4:40 AM on Latest, AGM/Special AGM,

Civil Laghubitta has convened its 10th AGM for the FY 2077-78 under the leadership of its chairman Mr. Sachin Jung Rayamajhi on Kartik 28, 2078.

Apart from the regular financial reports, The AGM has endorsed the board’s proposal to provide 19% bonus shares and 1% cash dividend to its shareholders from the profit it had made in the previous fiscal year.

The microfinance currently has its presence via 74 branches serving more than 58 thousand rural households where it has raised deposits of Rs 75 crore and disbursed credit of Rs 3.27 arba, as per the media statement.