Guheswari Merchant Banking and Finance conducts 17th AGM; endorses 5.26% cash dividend and welcomes 5 new members into the board

Guheswari Merchant Banking and Finance has conducted its 17^th Annual General Meet (AGM) on Kartik 16, 2075 at HariharBhawan, Lalitpur. The AGM has endorsed the board’s earlier proposal to issue 5.26% cash dividend to its shareholders from the net profit the finance company had made during the previous Fiscal Year.

The AGM has also elected Mr. Shriman Shrestha, Ms. Sarojani Shrestha, Ms. RoshniKasaju as the company’s BoDs from the promoters group while has also elected Dr. Reshma Shrestha and Mr. Rajesh Manandhar into the board from the public shareholder group.

The finance company has a paid up capital of Rs 80 Crore. It is currently providing financial services through its 10 branches located at different major cities of the nation including its head office at HariharBhawan, Lalitpur. The company is also mulling to expand through two more branches in a near future, as stated in the media statement from the finance company.