The companies are closing their books on June 5, thus, the shareholders registered in their books till June 4 will be eligible to obtain announced dividend and apply for the right share of respective companies.
National Life Insurance (NLICL) is conducting its 37th AGM on June 19 in its head office at Lazimpat, Kathmandu at 10:30 am. The meeting will endorse a proposal of distributing 5 percent stock and 10 percent cash dividend including tax to its shareholders.
Similarly, NLG Insurance (NLG) is conducting 19th annual general meeting (AGM) on June 12, in Amrapali Banquet, Bhatbhateni, Kathmandu at 11 am. The meeting will endorse a proposal of distributing 2.5 percent stock and 0.131579 percent cash dividend for tax purposes.
Likewise, Barun Hydropower (BARUN) is issuing 1:1 right shares to its existing shareholders. The company is issuign 5,358,150 units of right shares at a face value of Rs 100 to its existing shareholders. The company has paid-up capital of Rs 535,815,000 that will reach Rs 1.07 billion after the right issue.
