7 August 2024, Kathmandu

Today marks the final opportunity for shareholders to secure their dividends from Suryodaya Womi Microfinance.

Suryodaya Womi Microfinance Dividends

The company is set to close its books on August 8th in preparation for its upcoming general meeting. Shareholders as of today will be eligible to attend the meeting and receive the proposed dividends.

Suryodaya Womi Microfinance has announced that the general meeting will include a proposal for bonus share distribution. The meeting is scheduled to begin at 12:30 PM on August 16th at the Lubhu Party Palace and Catering Center in Lalitpur.

Key proposals to be discussed include the distribution of a 14 percent bonus share, following an additional public offering (FPO) worth NPR 915.54 million. Recipients of the FPO will also be eligible for the proposed bonus shares.

Additionally, the meeting will consider a proposal to amend the company’s capital structure by converting founder shares to common shares, subject to approval by Nepal Rastra Bank. The company’s memorandum of association will be revised to reflect these changes.

The board of directors will also seek authorization to manage potential mergers or acquisitions with other microfinance institutions.

Suryodaya Womi Microfinance Dividend