The board of directors meeting of the company held on November 18 decided to propose 4.75 percent stock and 0.25 percent cash dividend for tax purposes.
The proposed dividend is subjected to approval from its upcoming AGM.
In order to approve the dividend proposal, the company has called out 12th AGM on December 11 in Smart Durbar, Shankhapark, Kathmandu at 9.30 am.
Apart from dividend proposal, the meeting will endorse proposals of delegating authority to BOD to amend article and memorandum of association, approve good governance report, approve appointment of directors and appoint an auditor.
In this regard, the company will close its book on November 30, thus, the shareholders registered in its book till November 29 will be eligible to attend the AGM and obtain the announced dividend.
