Sarathi Equity Fund Approves 10% Cash Dividend at 2nd AGM
Summary
Sarathi Equity Fund Limited has approved a 10% cash dividend at its second annual general meeting in Kathmandu. The company also outlined plans to expand investments, diversify its portfolio and seek a SEBON licence for private equity and venture capital activities.
Key Points
- Sarathi Equity Fund Limited approved a 10% cash dividend for shareholders at its second AGM in Kathmandu.
- The meeting endorsed the annual financial statements, audit report, appointed an independent director and named an auditor for the next fiscal year.
- The company plans to diversify its portfolio, manage risk and pursue long-term returns through expanded investments.
- It aims to obtain a SEBON licence to invest in technology-driven and innovative businesses through private equity and venture capital activities.