Multipurpose Finance Limited has decided not to distribute any dividend to its shareholders from the profits of the fiscal year 2081/82.
Multipurpose Finance Limited has made a decision to not distribute any kind of dividend to its shareholders from the profit of the fiscal year 2081/82. The board of directors of company decided that they will not propose both cash dividend and bonus shares this time, leaving the shareholders empty-handed.
Decision from the Board Meeting
According to the company, the board of directors meeting held on Sawan 20 made this decision. The meeting reviewed financial reports of the fiscal year 2081/82 and decided to propose not giving any dividend to the shareholders.
Approval Process
This proposal will now be sent to Nepal Rastra Bank for approval. After Nepal Rastra Bank approves this decision, the proposal will be presented in the upcoming Annual General Meeting of the company for final approval.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
