Property Wizard AGM Approves 5% Bonus Shares, 0.2632% Cash Dividend; Gyan Mani Adhikari Appointed Independent Director

Summary

Property Wizard Limited’s fourth AGM approved a 5% bonus share and a 0.2632% cash dividend for tax purposes, along with capital increase and amendments to its Memorandum of Association. The meeting also appointed Associate Professor Gyan Mani Adhikari as an Independent Director.

Key Points
  • Property Wizard Limited held its fourth Annual General Meeting at Aranya Boutique Hotel in Naxal, Kathmandu.
  • The AGM approved the annual report and audited financial statements for FY 2082/83.
  • Shareholders approved a 5% bonus share and a 0.2632% cash dividend based on the company’s paid-up capital of Rs. 20 crore.
  • Associate Professor Gyan Mani Adhikari of Tribhuvan University was appointed as an Independent Director.
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