Manjushree Finance to convene AGM on Poush 29; Book closure for 11.55% dividend on Poush 15

Manjushree Finance Limited (MFIL) will be convening its 12th AGM on Poush 29, 2076 at Thapagaun Banquet, New Baneswor, Kathmandu from 11 AM onwards.

The 180th Board Meeting held on Poush 07, 2076 has decided on the following agendas for the meeting:

• Approval of the annual report for 2075/76 of the BOD.
• Approval of the audited financial statements for the year 2075/76.
• Appointment of the auditor for 2076/77 and determination of the remuneration.
• Approval of 11.55% dividend for its shareholders from the profit of FY 2075/76.
• The Board Meeting held on Mangsir 25, 2076 had decided to propose the following dividend:
  • Current paid-up capital: 80.40 crore
    Bonus shares: 1.75% worth Rs 1.407 crore
    Cash dividend: 9.80% worth Rs 7.87 crore including tax amount
    Total dividend: 11.55% worth Rs 9.28 crore
    Paid-up capital after adjustment: Rs 81.80 crore
• Election of two directors from the ordinary shareholders' group.

The book closure is on Poush 15, 2076. Therefore, shareholders maintained on Poush 14, 2076 will be eligible to participate in AGM and claim dividend.

Announcement