Pokhara Finance endorses 8.69% bonus shares through 21st AGM; paid up now over Rs 81 crore

Pokhara Finance has conducted its 21st AGM on Asad 5, 2075 which has primarily endorsed a decision to issue dividends of 8.69% to its shareholders from its net profit from the FY 2073-74. After the capitalization of proposed bonus shares, its paid up value will reach Rs 81.64 crore thereby meeting the requirement of NRB.

The AGM has also elected new BODs into the company who are Mr. Bhuwansingh Gurung, Dr. Birman Gurung, Ms. Shova Gurung and Mr. Resham Lal Gurung. The BOD meeting held on Asad 3, 2075 has also nominated Mr. Ravi Chandra Gurung as the new CEO of the finance company to be effective from Asad 10, 2075.

The finance company is currently providing financial services through 13 branches at different cities of the nation.