Everest Ventures Limited has announced the distribution of a 7% bonus share to its shareholders in its first year of full operation. The company’s board of directors has called the Second Annual General Meeting (AGM) on Mangsir 20, 2082, proposing the 7% bonus shares along with a cash dividend of NPR 487,974 for tax purposes related to the bonus issuance.
The company has an authorized capital of NPR 200 million, an issued capital of NPR 50 million, and the founders’ paid-up capital amounts to NPR 35 million, with 332 shareholders. Everest Ventures aims to act as an institutional investor in the capital market, with plans to establish subsidiaries, take loans of up to NPR 49 million, and approve investment-related proposals at the AGM.
Founded in Ashad 2081, the company has been actively engaged in investment-focused activities in the capital market, emphasizing risk management to deliver strong returns to its shareholders. The board is chaired by senior journalist Dilli Basel, and the company’s Chief Executive Officer is Tilak Koirala.