Kathmandu, Aug. 29
Mahila
Sahayatra Laghubitta Bittiya Sanstha Limited (MSLBSL) has announced 17.5 per
cent bonus for the fiscal year of 2018/19.
The
seventh Annual General Meeting of the microfinance institution on Saturday has
decided to distribute 10 per cent bonus share and 7.5 per cent cash dividend to
the investors.
The
meeting has also decided a special motion to increase the authorised capital of
the company from Rs. 400 million from the current Rs. 200 million. After the
distribution of the bonus share, the paid-up capital of the company will reach
Rs. 133.1 million. It has Rs. 121 million paid-up capital now.
Earlier,
the AGM was scheduled to be organised in April this year, but the coronavirus
disturbed the meeting. Chairman of the company Amrit Charan Shrestha had
presented the annual report at the meeting.
Mahila
Sahayatra is catering its services to about 35,000 members through 34 branches.
By
the end of the last fiscal year, the company had mobilised Rs. 334.1 million
deposits and Rs. 1.41 billion loan.
Published in The Rising Nepal daily on 30 August 2020.
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