Forward Community Microfinance’s AGM to be convened on Poush 29; Shareholders to receive 45% dividend

Forward Community Microfinance Bittiya Sanstha (FOWAD) will be convening its 6^th AGM on Poush 29, 2075. The meeting will be convened in the premises of Central Office of the company, Duhabi at 11:00 AM.

The main agendas of the meeting include:

1. To endorse 25% bonus shares worth Rs 7,50,41,425 for the FY 2074/75
2. To make changes in the MoA and regulations and to provide authority to the BOD to make further changes

Other agendas of the meeting include endorsement of audited financial statement for the FY 2074/75, appointment of statutory auditor for the FY 2075/76 and endorsement of 20% cash dividend worth Rs 6 crore for the FY 2074/75.

For the purpose of the AGM, the shareholders register book will remain closed on Poush 15 i.e. the shareholders holding shares of the bank till Poush 14 will be able to participate in the AGM and receive 45% dividend.