Guheshwori Merchant Banking and Finance Limited have completed its 8th annual general meeting today (14 January 2010). The AGM has approved 10 percent bonus share to the shareholder from the profit of fiscal year 2065/66, thereafter will issue 3:2 ratio of right share.
The company has also said that, the previous decision to balance the power ratio of company as for promoter shareholder 51% and 49% to public shareholder has successfully implemented during the year. Likewise, it has also decided to trade gold on latter days hence needed to be inclusion in MOA.
The finance company has paid up capital of Rs. 109.8111 million and holds Rs. 28.271 million in its reserve and surplus account. Likewise, during the fiscal year 2065/66, it had earned Rs. 19.867 million net profits and Rs. 30.689 million operating profit.
Source:Jamb News Service
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Saturday, January 16, 2010
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