Hydroelectricity Investment and Development and Sarbottam Cement will close their books on December 27, while Siddhartha Bank and Green Ventures will close their books on January 26. Thus, the shareholders registered in their books until December 26 (the last trading day before book closure) will be eligible to attend the AGM and obtain the announced dividend.
Hydroelectricity Investment and Development Company (HIDCL) is conducting its 13th AGM on January 8 at 10 am in Karki Banquet, Babarmahal, Kathmandu. The meeting will endorse a proposal of distributing 5.25 percent cash dividend.
Similarly Sarbottam Cements is conducting its AGM on January 10 in Hotel Vilasa, Bhairahawa, Rupandehi, at 11 am. The meeting will endorse a proposal of distributing 7 percent stock and 3 percent cash dividend including tax .
Likewise, Siddhartha Bank (SBL) is conducting 23th AGM on January 12 at 10.30 am in Army Officers’ Club, Bhadrakali, Kathmandu.
The meeting will endorse a proposal of distributing 4 percent cash dividend including tax to its shareholders. Moreover, the meeting will approve proposal of issuing 8.25% SBL Preference Share after approval from regulatory bodies, delegate authority to BOD to amend article and memorandum of association, elect directors from ordinary and promoter shareholders and appoint an auditor.
Moreover, Green Ventures (GVL) is conducting its 6th AGM on January 12 in Rani Mahal Banquet, Gyaneshwor, Kathmandu at 11 am.
The meeting will endorse a proposal of distributing 10 percent stock and 0.52 percent cash dividend.
