Manjushree Finance convenes 12th AGM

Manjushree Finance convened its 12th AGM on January 14 under the leadership of its chairman. Endorsing all the financial reports, the AGM also endorsed the proposal to provide 11.55% dividend that includes 9.80% cash dividend and 1.75% bonus shares worth Rs 47.32 crores to the shareholders. The AGM also elected new members to the board of the company from the public shareholder group; Indira Pandit Ghimire, and Chintamani Gautam. The finance company has a paid up capital of Rs 80.40 crores, raised deposit of Rs 7.70 billion, provided loan disbursement of Rs 6.77 billion, and has 11 branches under its network.