Mirmire Microfinance to conduct its 7th AGM today; proposed 30.8% bonus

Mirmire Microfinance Development Bank Limited (MMFDB) is convening its 7th AGM today. Meeting is going to be held in Banepa Municipality-10, Kavrepalanchowk at 11.00 AM.

The microfinance company has proposed 30.80% bonus shares. The shareholders register book will remain closed from Jestha 2 till Jestha 25, 2075 i.e. the shareholders holding shares till Jestha 1 will be able to participate in the AGM and receive 30.80% bonus shares.

It had also issued 50% right share, after which, its paid up capital has reached Rs 4.50 crore. After issuance of 30.80% bonus share, the paid up capital will reach Rs 5.424 crore. It had also endorsed 100% right shares on its paid up capital before bonus i.e. Rs 4.50 crore. After issuance of this 100% right share, its paid up capital will reach Rs 10.38 crore.

The Last Traded Price (LTP) of MMFDB stands at Rs 1767 as on Jestha 24th, 2075.