The board of directors meeting of the company held on October 10 decided to propose 8 percent stock dividend to its shareholders.
In order to approve the dividend, the company is set to conduct 7th AGM on November 7 in Silver Walk Banquet and Events Centre, Gairidhara, Kathmandu at 11.30 am.
Apart from dividend proposal, the meeting will approve a proposal of issuing 60 percent right shares of the paid-up capital maintained after bonus share distribution.
In this regard, the company will close its book on October 31, thus, the shareholders registered in its book till October 30 will be eligible to attend the AGM and obtain the announced dividend.