Share MarketRMDC Microfinance convenes Annual General Meeting to pass dividend, when is the...

RMDC Microfinance convenes Annual General Meeting to pass dividend, when is the book close?

RMDC Microfinance (RMDC) has convened its 23rd Annual General Meeting.
Microfinance has convened a general meeting at 11 am on Push 30 at Amritbhog Catering, Kalikasthan.

The meeting will approve the proposed 20 percent bonus share and 5 percent cash (including tax) dividend from the last fiscal year’s profits.

The Board of Directors will also pass a resolution regarding the merger / acquisition of microfinance with other suitable microfinance financial institutions.

Microfinance has stated that it will close the book on poush 18 for the purpose of general meeting and dividend. Accordingly, only the existing shareholders till push 15 will get the dividend distributed by microfinance.

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