Ganapati Microfinance Announces Dividend

Aug 21, 2019 11:10 AM Merolagani

Ganapati Microfinance (GMFBS) has announced dividend of the last FY. The 56th board of directors meeting of the company held on August 20 decided proposes 7.3684 percent dividend to its shareholders.

The company will distribute 7 percent stock dividend worth Rs 7.2 million and 0.3684 percent cash dividend worth Rs 381,000 for tax proposes.

The proposed dividend is subjected to approval from NRB and its upcoming AGM.



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