National Microfinance 4th AGM today; to endorse 20% bonus & 15% cash dividend
Wed, Dec 13, 2017 6:44 AM on Latest, Featured, AGM/Special AGM, Stock Market,
National Microfinance Bittiya Sanstha Limited (NMFBS) is convening its 4th Annual General Meeting (AGM) today (Mangsir 27, 2074). The AGM is being held at R.K. Banquet, Dhading at 11:00 AM. The main agendas of the AGM are:
- To endorse 20% bonus and 15% cash dividend from the net profit of FY 2073/74.
- To amend the Memorandum of Association (MOA) and Articles of Association (AOA).
Other agendas of the AGM are major financial highlights of the FY 2073/74 and appointment of auditor for FY 2074/75. The book closure date for the AGM was set from Mangsir 15 to Mangsir 27, 2074. But only those shareholders holding shares till Mangsir 14, 2074 i.e. one day ahead of the book closure date are eligible to participate in the AGM and proposed dividends. Its current paid up capital stands at Rs 12 crore. After 20% bonus, it will reach to Rs 14.4 crore. It had earned Rs 1.97 crore in the first quarter of the FY 2074/75.
