Kathmandu. Within 13 months of its establishment, Everest Ventures had announced the last fiscal year 2081. The company has declared a dividend for 82 years.
The meeting of the Board of Directors of the company has decided to distribute 7% bonus share to its shareholders from the profit of the current fiscal year. The company has set aside Rs 4,87,974 as cash dividend for the distribution of bonus shares.
The company has called its second annual general meeting (AGM) on December 5 to approve the dividend. The meeting will begin at 9:00 am at Kimchi Restaurant in Anamnagar, Kathmandu.
The meeting will approve the proposed dividend. The meeting will approve the annual report and the auditor’s report of the previous fiscal year.
The meeting will endorse a proposal to take loan of Rs 49 lakh from the company and provide authority for the same. The meeting will also approve the company’s auditing, reconstitution of the risk management committee and investment decisions.
Current fiscal year 2082. The meeting will endorse the proposal regarding the appointment of auditors and determination of remuneration for Fiscal Year 83.
