The board of directors meeting of the company decided to propose 20 percent stock and 1.05264 percent cash dividend for tax to its shareholders.
In order to approve the proposal, the company has called out 34th AGM on October 17 in The plaza, Pulchowk, Lalitpur at 11.30 am.
The meeting will also approve a proposal of issuing 200 percent right shares and mobilization of the funds thus received, amend article and memorandum of association and elect directors from ordinary shareholders.
In this regard, the company will close its book on September 28, thus, the shareholders registered in its book till September 27 will be eligible to attend the AGM and obtain the announced dividend.
