Mero Microfinance Laghubitta (MERO) calls AGM on Poush 28; When's the book closure for 17.83% Dividend?

Mero Microfinance Laghubitta Bittiya Sanstha Limited (MERO) has called its 8th AGM on Poush 28, i.e. January 12. The meeting will be organized in Hotel Water Tower, Nuwakot, starting from 11 am that day.

Among other agendas, the AGM will endorse the dividend for the fiscal year 2076/77. The company has proposed a 17.8315% dividend for the fiscal year 2076/77. The 102nd meeting of the board of directors held on Kartik 19 has decided to distribute a 16.9399% of the paid-up capital as bonus shares for the fiscal year 2076/77. The company has also proposed a 0.8916% cash dividend for tax purposes. The paid-up capital of the company is a little over Rs. 85.51 crores.

The book closure date is announced on Poush 17. Thus, investors maintained till that day are entitled to the dividend payout and can also attend the AGM. Books will be closed from Poush 17 to Poush 28.

AGM notice