Forward Community Microfinance to convene AGM on Poush 29; Book closure for 32.5% bonus and 12.5% cash dividend on Poush 15
Tue, Dec 24, 2019 11:36 AM on AGM/Special AGM, Book Closure, Dividend, Bonus & Rights, Latest, Stock Market,
Forward Community Microfinance Bittiya Sanstha Limited (FOWAD) will be convening its 7th AGM on Poush 29, 2076 at its Central Office located at Duhabi, Sunsari from 10:30 onwards.
The 86th Board Meeting held on Poush 07, 2076 has decided on the following agendas for the meeting:
- Approval of the annual report for 2075/76 of the BOD.
- Approval of the audited financial statements for the year 2075/76.
- Appointment of the auditor for 2076/77 and determination of the remuneration.
- Approval of 32.50% bonus share worth Rs 12.27 crore and 12.50% cash dividend worth Rs 4.72 crore (including tax for bonus and cash dividend).
- Changing the name of microfinance.
- Increasing capital.
The book closure is on Poush 15, 2076. Therefore, shareholders maintained on Poush 14, 2076 will be eligible to participate in AGM and claim dividend.
