Mero Microfinance Laghubitta Calls AGM on 4th Magh To Endorse 7.8947% Dividend; When's the Book Closure?
Mon, Dec 23, 2024 11:19 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
Mero Microfinance Laghubitta Bittiya Sanstha Limited (MERO) has called its 12th AGM on 4th Magh, 2081. The meeting will be held in the Siddhartha Hotel Water Tower, Nuwakot, starting at 11:30 am that day.
Among the other agendas, the AGM will endorse a 7.8947% dividend for FY 2080/81. The company’s current paid-up capital stands at Rs. 1.32 Arba. Out of this, the proposed dividend includes a 7.5% bonus share worth Rs. 9.90 crores and a 0.3947% cash dividend (including tax) worth Rs. 52.10 lakhs.
Furthermore, there is an agenda to endorse the auditor's report with PL statements, financial reports, and cash flow reports and appoint an auditor for the fiscal year 2081/82. There's also an agenda to elect 2 directors from the public shareholding group.
After the bonus share distribution, the capital structure will shift from 59.40% promoter shareholders and 40.60% public shareholders to 51% promoter shareholders and 49% public shareholders.
The book closure date is on Poush 19. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM.
