Guheswori Merchant Banking and Finance announces cash dividend; Shareholders to receive cash dividend worth Rs 4.21 crore

Tue, Sep 18, 2018 10:52 AM on Dividend, Bonus & Rights, Latest, Stock Market,

Guheswori Merchant Banking and Finance Limited (GMFIL) has announced cash dividend for its shareholders for the fiscal year 2074/75.

As per the notice published in NEPSE, the finance company has announced cash dividend worth Rs 4,21,05,600 including cash for tax purpose.

The decision of the finance company is subject to approval from Nepal Rastra Bank and upcoming 17th AGM of the company.

GMFIL had distributed 15.80% bonus shares for its shareholders in the FY 2073/74. The finance company had reported Rs 5.65 crore profit with Rs 7.06 as EPS in the fourth quarter of FY 2074/75.