National Fund Management Limited Holds Second AGM, Approves 5% Cash Dividend

Fri, Dec 20, 2024 1:56 PM on Latest, Corporate,

National Fund Management Limited held its Second Annual General Meeting on December 18, 2024, at Hotel Akama, Kathmandu.

Shareholders approved a 5% cash dividend from the net profit of FY 2023/24, marking the continuation of dividend distribution since the firm's inception.

The company, a private equity firm managing "National Equity Fund-1," is approved by the Securities Board of Nepal and promoted by eight major institutions, including public institutions, banks, and the Non-Resident Nepali Association (NRN).