Guheswori Merchant Banking and Finance convenes its 19th AGM; endorses proposal of 8% bonus shares and 3.40% cash dividend to its shareholders

Wed, Jan 13, 2021 5:48 AM on Latest, AGM/Special AGM,

Guheswori Merchant Banking and  Finance has convened its 19th AGM for the FY 2076-77 under the leadership of its chairman Mr. Shreeman Shrestha.

The AGM has endorsed the board’s proposal to provide 8% bonus shares worth Rs 6.40 crore and 3.40% cash dividend worth Rs 2.72 crore to the shareholders, as per the media statement. after the endorsement of the bonus shares, the paid up capital of the bank will scale up to Rs 86.40 crore.

The finance company currently has 21 branches, and 2 extension counters under its network.