Forward Microfinance Laghubitta Decides Not To Distribute Dividend For FY 2081/082
Summary
Forward Microfinance Laghubitta Bittiya Sanstha Limited (FOWAD) has decided not to distribute dividends for the fiscal year 2081/82, pending regulatory and AGM approval.
Key Points
- Forward Microfinance Laghubitta Bittiya Sanstha Limited (FOWAD) decided not to distribute dividends for FY 2081/82.
- The decision was made at the 169th Board Meeting held on Falgun 24, 2082.
- Dividend distribution is contingent upon approval of financial statements by Nepal Rastra Bank.
- The decision also depends on the approval at the companys Annual General Meeting.
