Last day to secure dividend of 2 companies and a mutual fund

Oct 01, 2024 08:11 AM Merolagani
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Today is the last day to secure dividend of two companies including Gurans Laghubitta Bittiya Sanstha, Prabhu Mahalaxmi Life and a mutual fund 'NIBL Growth Fund'.

The companies are closing their books on October 2 for upcoming AGM, thus, the shareholders registered in its book till October 1 will be eligible to attend the AGM and obtain the announced dividend.

Gurans Laghubitta Bittiya Sanstha (GLBSL) is conducting 9th AGM on October 15 in Hotel Kanjirowa, Dhankuta Municipality ward no 1, Hile Dhankuta at 9 am.

The meeting will endorse a proposal of distributing 14.25 percent stock and 0.75 percent cash dividend for tax purposes to its shareholders. similarly, the company will delegate authority to BOD to forward merger/acquisition and amend article and memorandum of association and appoint an auditor.

Similarly, Prabhu Mahalaxmi Life Insurance (PMLI) is conducting 7th AGM on October 9 in Amrapali Banquet, Bhatbhateni, Kathmandu at 11 am.

The meeting will endorse a proposal of distributing 10 percent stock and 0.526 percent cash dividend to its shareholders.

Similarly, the meeting will approve proposal of issuing 7 percent right shares of the paid-up capital maintained after the bonus share distribution.

Moreover, the meeting will amend article and memorandum of association and appoint an auditor.

Likewise, NIBL Growth Fund operating under NIMB Ace Capital is distributing 6.35 percent cash dividend to its mutual fund unit holders.




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