Pokhara Finance Limited (PFL) has announced its decision to refrain from distributing any dividends for the Fiscal Year 2078/79. The resolution was reached during the 526th Board Meeting held on Poush 5. Importantly, the Board of PFL has not put forth any proposals for cash dividends or bonus shares for the FY 2079/80.
It is crucial to highlight that the implementation of this decision is subject to the approval of the financial statements by the regulatory authority, Nepal Rastra Bank, and confirmation at the upcoming Annual General Meeting of the company.
As of the latest update, Pokhara Finance Limited’s Last Traded Price (LTP) stands at Rs. 373.10.