The National Microfinance Laghubitta Bittiya Sanstha Limited (NMFBS) has scheduled its 8th Annual General Meeting (AGM) for the 6th of Magh in 2078. The gathering will take place at the Dhading Creek Resort on that day, beginning at 11 a.m.
The AGM will also approve a 45 percent dividend for the fiscal year 2077/78, among other items on the agenda. The board of directors decided to disburse the dividend on the paid-up capital of Rs. 41.90 crores at their meeting on Mangsir 01, which took place on that day. It has been proposed to issue 40 percent bonus shares and a 5 percent cash dividend (for tax purposes). This results in a total asset value of slightly more than Rs. 16.76 crores from bonus shares and a total asset value of slightly more than Rs. 2.09 crores from cash dividend.
Poush 27 is the date on which the book will be closed. As a result, unitholders who have held their units prior to that date are eligible for the dividend payout and are also welcome to attend the AGM.