Womi Microfinance to distribute 21% Bonus

December 18: Womi Microfinance is distributing 21 per cent bonus share to its shareholders. The 5^th annual general meeting of the microfinance held on December 16 endorsed the proposal of distributing 20 per cent bonus share and 1.108 per cent cash dividend to its shareholders. After distribution of the bonus share, the paid-up capital will raise to Rs 64.8 million.

The AGM held in the central office of the microfinance at Dhading elected Bindiya Pradhan, Bimala Upadhya Ghimire and Kishori Thapa in the board of directors from promoter shareholders. Moreover, the BOD meeting held after the AGM selected Bindiya Pradhan as its chairman.