Multipurpose Finance 18th AGM today; to approve 15% stock dividend

Multipurpose Finance Company Limited is holding its 18th Annual General Meeting today (Chaitra 29, 2072). The AGM is going to be held at the Company’s Head Office at 11:30 am. The main agendas of the meetings are:

• To endorse 15% stock dividend and cash dividend for the tax purpose
• To increase the paid up capital and to amend the article of the association

Other agendas of the meeting include Financial highlights of 2071/72, BoD election and appointment of auditor. Only those shareholders owning shares till Chaitra 14, 2072 is entitled to the dividend of the company. The register of their shareholders has been closed from Chaitra 15, 2072 till today for the purpose of its upcoming (AGM). Multipurpose Finance had a net loss of Rs 68.38 lakhs in the second quarter of the ongoing fiscal year.