Manjushree Finance convenes its 12th AGM; clears way for 11.55% dividend and elects two new BoDs from public shareholder group

Wed, Jan 15, 2020 10:54 PM on AGM/Special AGM, Latest,

Manjushree Finance has convened its 12th AGM on Poush 29, 2076 under the leadership of its chairman. Endorsing all the financial reports, the AGM has also endorsed the proposal to provide 11.55% dividend that includes 9.80% cash dividend and 1.75% bonus shares worth Rs 47.32 crore to the shareholders.

The AGM also elected new members to the board of the company from the public shareholder group who include Ms. Indira Pandit Ghimire, and Mr. Chintamani Gautam.

The finance company has a paid up capital of Rs 80.40 crore, raised deposit of Rs 7.70 arba, provided loan disbursement of Rs 6.77 arba, has 11 branches under its network.