WOMI Request Investors To Pay an appropriate Tax Amount

Kathmandu, February 26

Womi Microfinance Bittiya Sanstha Limited (WOMI)  held its 9th Annual General Meeting  for the Fiscal Year 2076-77 under the leadership of Chairperson Ms. Bindiya Shrestha Pradhan on Poush 28, 2077.

The AGM approved the board’s proposal to provide 30% bonus shares as dividends worth Rs 8.33 crore to its shareholders from the profit it had made in the previous fiscal year. The company has requested its investors to pay the appropriate tax amount for the bonus shares distribution purposes.

Investors are requested to contact the company’s share registrar Kumari Capital or any branch of Kumari Bank to know the appropriate tax amount they need to pay. After the necessary procedures, the bonus shares will be directly distributed to Demat accounts of the virtual share holders.

The company is in merging process with Grameen Swayamsewak Laghubitta Bittiya Sanstha Limited.