Sagarmatha Jalabidhyut Company Announces Dividend; Calls Out AGM

Oct 25, 2024 10:51 AM Merolagani



Sagarmatha Jalabidhyut Company (SMJC) has announced dividend of the last FY.

The board of directors meeting of the company held on October 24 decided to propose 4.75 percent stock and 0.25 percent cash dividend for tax purposes.

The proposed dividend is subjected to approval from Electricity Regulatory Commission and its upcoming AGM.  

In order to approve the dividend proposal, the company has called out 4th AGM on November 29 in Smart Durbar, Shankhapark, Kathmandu at 9 am.

For the AGM purpose, the company will close its book on November 11, thus, the shareholders registered in its book till November 10 will be eligible to attend the AGM and obtain the announced dividend.

 

 




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