Shree Investment Finance Holds 31st AGM, Approves Key Financial and Governance Decisions

Shree Investment Finance Company Limited (SIFC) successfully held its 31st Annual General Meeting on Poush 30, 2082, at its registered office in Dillibazar, Kathmandu. During the meeting, Chairman Mr. Dinesh Raj Joshi presented the annual report for FY 2081/82, noting that the company’s total deposits reached Rs 8.34 Arba, loans and advances totaled Rs 6.53 Arba, and net profit after bonus and taxes was Rs 6.96 Crores.

The AGM approved the Board’s report, financial statements, auditor appointment for FY 2082/83, cash dividend distribution, and the appointment of directors for vacant board positions. Shareholders also unanimously empowered the Board to undertake mergers or acquisitions, revise directors’ meeting allowances, and amend the company’s Articles of Association and bylaws in accordance with regulatory guidance. Shareholders’ questions were addressed before all ordinary and special proposals were passed unanimously.