The company with Rs 882.1 million in paid-up capital will distribute Rs 70.5 million in cash dividend. The shareholders registered in its book by September 11 are eligible to d obtain the announced cash dividend.
Apart from dividend proposal, the meeting also approved the financial report of the last FY as well as appointed the present auditor ' N Amatya and Co. Chartered Accountancy' as auditor for the current FY.
The company is providing its services through 17 branches and 15 ATMs. It has collected deposit of Rs 8.87 billion and spent Rs 6.91 billion in loan extension.