Shrijana Finance conducts 17th AGM; endorses 32.50 % bonus and further 60% right shares
Sun, Jan 7, 2018 4:57 PM on Latest, Featured, AGM/Special AGM, Stock Market,
Shrijana Finance Limited has conducted its 17th Annual General Meeting (AGM) at the conference hall of Federation of Industries located at biratnagar on Saturday. The AGM was chaired by the chairman of the finance company Mr. Suyash Pyakurel.
Issuing the press note, the finance company informed that it has maintained the deposit portfolio of 3.36 arba and credit mobilization of 2.75 arba by the end of fiscal year 2074 and had earned net profit of 20.85 crore. The AGM also endorsed the decision to issue the bonus shares of 32.50% and cash dividend of 1.71% to its existing shareholders.
After the capitalization of proposed bonus shares, the paid up capital of finance company will reach to 40 crore. The AGM has also endorsed to issue further 60% right shares to its shareholders
The finance company is looking forward to establish 4 more branch offices at Biratnagar, Dharan, saptari and Itahari and 6 new ATMs within the current fiscal year, as informed by the company through the press note.
After the capitalization of proposed bonus shares, the paid up capital of finance company will reach to 40 crore. The AGM has also endorsed to issue further 60% right shares to its shareholders
The finance company is looking forward to establish 4 more branch offices at Biratnagar, Dharan, saptari and Itahari and 6 new ATMs within the current fiscal year, as informed by the company through the press note.
