No Dividends to The Shareholders of Multipurpose Finance Company Limited
Summary
Multipurpose Finance Company Limited will not distribute any dividends for fiscal year 2081/82, with no cash dividend or bonus share proposed by its board. The decision is subject to approval from Nepal Rastra Bank and the company’s upcoming Annual General Meeting.
Key Points
- Multipurpose Finance Company Limited (MPFL) has announced that it will not distribute dividends for FY 2081/82.
- The board did not propose any cash dividends or bonus shares at its 460th board meeting on Shrawan 20.
- The decision still requires approval from Nepal Rastra Bank and the company’s Annual General Meeting.
- MPFL closed at Rs. 615.00 at the time of writing.