Goodwill Finance proposes 10.19% bonus share; Paid up capital to reach exactly Rs 80 crore

Goodwill Finance Company Limited (GFCL) has decided to distribute 10.192 percent bonus share. As per the notice published in NEPSE today, the BOD meeting of the finance company held on Kartik 29, 2074 has proposed 10.192 percent bonus share and 0.537 percent cash dividend for tax purpose to its shareholders from the net profit it earned in the last fiscal year 2073/74. The decision is subjected to approval from Nepal Rastra Bank and the finance company’s upcoming Annual General Meeting (AGM). Last year, GFCL had distributed 25% bonus share and 60% right share to its shareholders. The right shareholders are also eligible for 10.19% bonus share. GFCL has earned net profit of Rs 1.20 crore in the first quarter of the fiscal year 2074/75 as per unaudited report. Its paid up capital currently stand at Rs 72.60 crore.  After issuance of 10.19% bonus share, the paid up capital will reach Rs 80 crore.