Guheswori Merchant Banking and Finance convenes its 20th AGM; endorses proposal of 10.52% dividend to shareholders

Guheswori Merchant Banking and Finance has convened its 20^th AGM for the FY 2077-78 under the leadership of its chairman Mr. Shreeman Shrestha on Poush 29, 2078.

Apart from the regular financial reports, The AGM has endorsed the board’s proposal to provide 10% bonus shares and 0.52% cash dividend to its shareholders from the profit it had made in the previous fiscal year. The new paid-up value of the finance company will scale up to Rs 95.04 crore after the capitalization of the endorsed bonus shares.

The finance company had raised deposits of Rs 6.49 arba and disbursed loans of Rs 4.76 arba during the review period, raised deposits of Rs 664 crore, and disbursed loans of Rs 574 crore by the end of  Poush, 2078, and is serving via its 22 branches and 2 extension counters.