Fonepay Concludes Sixth AGM Approving 19% Dividend and Public Share Issue Plan

Fonepay Payment Service Ltd. proudly conducted its Sixth Annual General Meeting (AGM) at the Marriott Hotel in Naxal, Kathmandu. The session, led by Chairman Sashin Joshi, ratified the financial reports and auditor’s findings for FY 2081/82 and announced a 19% cash dividend for its shareholders.

Mr. Joshi was reaffirmed as an Independent Director, and N.B.S.M. & Associates were retained as auditors for FY 2082/83. The AGM also endorsed a special resolution to modify the company’s Memorandum and Articles of Association, as well as sanctioned the decision to offer shares to the general public.