Sagarmatha Merchant Banking And Finance AGM

KATHMANDU, MAR 28: 

Sagarmatha Merchant Banking and Finance held its sixth annual general meeting (AGM) under its chairman Gokarna Rai on Sunday. The AGM approved the financial report of fiscal year 2010-11 and decided to give 20 per cent bonus shares and 1.052 per cent cash dividend. During the fiscal, it was able to raise 20 per cent on share capital, 15.85 per cent on net worth, 32.54 per cent on deposits, 20.44 per cent on lending, 52.87 per cent on investment, and 6.34 per cent on net profit as compared to last fiscal year. 

Source: THT