United Finance convenes its 25th AGM; clears way for 10.52% dividend and elects five new BoDs with Basanta Chaudhary in the board again

United Finance has convened its 25^th AGM on Poush 29, 2076 under the leadership of its chairman Mr. Basanta Kumar Chaudhary. Endorsing all the financial reports, the AGM has also endorsed the proposal to provide 10.52% dividend that includes 7.52% cash dividend and 3% bonus shares worth Rs 47.32 crore to the shareholders.

The AGM also elected five members to the board of the company who include Mr. Basanta Kumar Chaudhary, Mr. Roshan Adhikari from Rahul Infrastructure, Mr. Bishnu Kumar Agrawal from MAW Enterprises, Mr. Beni Gopal Mundara, and Mr. Manish Kumar Khemka for the upcoming four years.

The finance company had raised deposit of Rs 6.55 arba, provided loan disbursement of Rs 6.14 arba, earned net profit of Rs 9.99 crore, has 26 branches under its network