First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) has called its 12th AGM on Mangsir 18. The meeting will be held in Amrapali Banquet, Kathmandu, starting at 11 am that day.
Among other agendas, the AGM will endorse a 10.53% dividend for the fiscal year 2077/78. The meeting of the board of directors held on Bhadra 19 has decided to distribute the dividend from the existing paid-up capital of Rs. 87,68,11,200. 10% bonus shares and 0.53% cash dividend have been proposed. The bonus shares are worth Rs. 8,76,81,200 and the cash dividend is worth Rs. 46,14,800. The cash dividend is proposed for tax on bonus shares.