Mero Microfinance Laghubitta (MERO)'s AGM to Endorse 21.0526% Dividend and Elect Board Members
Thu, Nov 18, 2021 11:19 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
Mero Microfinance Laghubitta Bittiya Sanstha Limited (MERO) has called its 9th AGM on 24th Mangsir, 2078.
Among other agendas, the AGM will endorse a 21.0526% dividend for the fiscal year 2077/78. The 117th meeting of the board of directors held on Ashoj 18 decided to distribute the dividend on the paid-up capital of Rs. 1 Arba. 20% bonus shares worth Rs 20 crores and 1.0526% cash dividend (including tax) worth Rs 1.05 crore have been proposed.
Furthermore, the AGM will also elect 4 board members from the promoters.
Mangsir 09 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM. The ordinary shares of MERO closed at Rs. 1,440 yesterday.
