Last day to secure 15% right share of Pokhara Finance & dividend of 6 other companies

Today is the last day to secure right share of Pokhara Finance Limited (PFL) and dividend of Mission Development Bank Limited (MIDBL), Purnima Bikas Bank Limited (PURBL), Jyoti Bikas Bank Limited (JBBL), United Finance Limited (UFL), Summit Microfinance Development Bank Limited (SMFDB) and Deprosc Laghubitta Bikas Bank Limited (DDBL). MIDBL has set the book closure date for the AGM from Poush 16 to Poush 27, 2074. Only shareholders owning their shares till today (Poush 13, 2074) i.e. days ahead of the book closure date are eligible to participate in the AGM. It had announced 20% bonus shares and 1.05% cash dividend (for tax purpose) from the net profit of FY 2073/74. MIDBL will be convening 8^th Annual General Meeting (AGM) on Poush 27, 2074. The AGM is going to be held at Siddhartha Cottage Restaurant Meeting Hall, Butwal, Rupandehi at 11:00 AM. Its current paid up capital stands at Rs 43.27. After distribution of 20% bonus shares, it will reach to Rs 51.92 crore. It had earned Rs 1.41 crore in the first quarter of the FY 2074/75. Its LTP stood at Rs 255 as of last trading day. PURBL has set the book closure date for the AGM on Poush 14, 2074. Thus, shareholders holding shares till today (Poush 13, 2074) i.e. one day ahead of the book closure date are eligible to participate in AGM and for proposed dividend. It had announced 19.19% bonus shares and 1.01% cash dividend (for tax) from the net profit of FY 2073/74. PURBL will be convening 10^th Annual General Meeting (AGM) on Poush 28, 2074. The AGM is being held at Peach Night Restaurant, Rupandehi at 8:30AM. Its paid up capital stands at Rs 44.04 crore. After distribution of bonus shares, it will reach to Rs 52.50 crore. It had earned Rs 1.31 crore in the first quarter of the FY 2074/75. Its LTP stood at Rs 277 as of last trading day. JBBL has set the book closure date for the AGM from Poush 16 to Poush 30, 2074. Thus, shareholders holding shares till today (Poush 13, 2074) i.e. days ahead of the book closure date are eligible to participate in AGM and for proposed dividend. It had announced 10% bonus shares from the net profit of FY 2073/74. JBBL will be convening 10^th Annual General Meeting (AGM) on Poush 30, 2074. The AGM is being held at Rastriya Sabha Griha, Kathmandu at 11:00 AM. JBBL had earned Rs 4.52 crore in the first quarter of current fiscal year 2074/75. Its paid up capital after acquisition reached Rs 2.36 arba and after the issuance of this bonus share, its paid up capital will reach Rs 2.59 arba. Jyoti Bikas Bank will maintain the minimum paid up capital requirement by issuing bonus share. Its LTP stood at Rs 174 as of last trading company. UFL has set the book closure date for the AGM has been set on Poush 14, 2074. Thus, only those shareholders owning shares till today (Poush 13, 2074) i.e. ahead of the book closure date are eligible to participate in the AGM and proposed bonus shares. Separate book closure will be announced for right shares. UFL had announced 19 % bonus shares to its shareholders for the FY 2073/74. After distribution of 19% bonus shares, its paid up capital will reach to Rs 80.05 crore from existing 67.27 crore. The finance is going for foreign strategic partnership with Muthoot Finance Limited, Kochi, India. Muthoot Finance will have at least 20% shares of UFL and will remain under promoter shareholder. UFL will be conducting 23^rd Annual General Meeting (AGM) on Poush 29, 2074. The AGM is being held at Amrapali Banquet, Kathmandu at 11:00 AM. UFL has earned Rs 11.69 crore in the fourth quarter of the FY 2073/74. Its LTP stood at Rs 255 as of last trading day. PFL has set a book closure date on Poush 14, 2074. Thus, only those shareholders holding their shares till today (Poush 13, 2074) i.e. one day ahead of the book closure date are eligible for right shares. Pokhara Finance’s 20^th AGM had approved to issue 15 percent right share to its shareholders. The finance company will be issuing a total of 983,682.74 units right shares worth Rs 9.83 crore to its shareholders at the par value of Rs 100. NIBL Capital Markets Limited has been assigned as the issue manager for right share issue. PFl had issued 9,83,682 units FPO shares worth Rs  21.64 crore at Rs 220 per unit on Shrawan 29, 2074. After the FPO, its paid up capital reached around Rs 65.57 crore from Rs 55.74 crore. Finally, after proposed 15% right share issuance, its paid up capital will reach Rs 75.40 crore. As a national level finance company, it should hike its paid up capital to a minimum of Rs 80 crore by the end of FY 2073/74. It had posted net profit of Rs 1.48 crore in the first quarter of the FY 2074/75. Its LTP stood at Rs 193 as of last trading day. SMFDB has set the book closure date for the AGM on Poush 14, 2074. Thus, only those shareholders owning their shares till today (Poush 13, 2074) i.e. one day ahead of the book closure date are eligible to participate in the AGM. It had announced 34.48% bonus shares and 10.52% cash dividend (including tax) from the net profit of FY 2073/74. SMFDB will be convening 9^th Annual General Meeting (AGM) on Poush 28, 2074. The AGM is going to be held at Aggression Building, Birtamode, Jhapa at 8:30 AM. Its paid up capital will reach to Rs 17 crore after adjustment of bonus shares. It had earned Rs 82.01 lakh in the first quarter of the FY 2074/75. Its LTP stood at Rs 1,746 as of last trading day. DDBL has set the book closure date for the AGM from Poush 14 to Poush 27, 2074. Thus only those shareholders holding their shares till today (Poush 13, 2074) i.e. one day ahead of the book closure date are eligible to participate in the AGM. It had announced 16% bonus shares and 15% cash dividend (including tax) from the net profit of FY 2073/74. DDBL will be convening 16^th Annual General Meeting (AGM) on Poush 27, 2074. The AGM is going to be held at Bharatpur Garden Resort, Chitwan at 11:00 AM. DDBL has earned net profit of 5.41 crore in the first quarter of fiscal year 2074/75. Its paid up capital stands at Rs 60.61 crore. After issuance of 16% bonus share, the paid up capital will reach Rs 70.31 crore. Its LTP stood at Rs 1,015 as of last trading day.