The board of directors meeting of the company held on December 11 decided to propose 40 percent stock and 2.105 percent cash dividend for tax purposes.
The proposed dividend is subjected to approval from its upcoming AGM.
In this regard, the company has called out AGM on December 19 in Amrapali Banquet, Thirbum Road, Kathmandu.
Apart from dividend proposal, the meeting also proposed of issuing 100 percent right share of the paid-up capital maintained after bonus share distribution.
