The meeting will approve a proposal of distributing 5 percent stock and 5.52 percent cash dividend including tax.
Moreover, the meeting will delegate authority to BOD to forward merger/acquisition, elect one female director and forward procedure to upgrade to national-level microfinance.
In this regard, the bank will close its book on January 4, thus, the shareholders registered in its book till January 3 will be eligible to attend the AGM and obtain the announced dividend.
Presently, the company has a paid-up capital of Rs 182 million that will reach Rs 191 million after the bonus share distribution.
