Last day to secure dividend of Unnati Microfinance

Jan 29, 2019 Merolagani

Today is the last day to secure dividend of Unnati Microfinance (UMB). The company is closing its book on January 30 for its upcoming AGM, thus, the shareholders registered in its book till January 29 will be eligible to attend the AGM and obtain the announced dividend.

Unnati Microfinance is conducting its 4th AGM on February 9. The 125th board of directors meeting of the company held on January 17 decided to call the AGM in Hotel Pauwa, Bhairahawa, Rupandehi at 9:00 AM.

The meeting is supposed to endorse a proposal of distributing 2.13 percent cash and 40.50 percent stock dividend to its shareholders. moreover, the meeting is also supposed to endorse a proposal of issuing 20 percent right shares of the paid-up capital maintained after issuance of recently approved right shares and bonus share distribution.

The AGM will also delegate authority to BOD to forward merger or acquisition plan and amend its article of association and policies as per requirement of regulatory bodies.

 


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