For the purpose of AGM Shine Resunga Development Bank, Sarbottam Cements, Nepal Infrastructure Bank is closing their books on November 28 while, Agriculture Development Bank, Barun Hydropower and Ngadi Group Power are closing their books on November 30, Thus, the shareholders registered their its book till November 27 (last trading day before book close) will be eligible to attend the AGM and obtain the announced dividend.
Shine Resunga Development Bank (SHINE) is conducting 17th AGM on December 12, in Hotel Sefren C.K. Pvt. Ltd, Butwal, Rupandehi at 12.30 noon. The meeting will endorse a proposal of distributing 3 percent stock and 10 percent cash dividend including tax to its shareholders. Moreover, the meeting will delegate authority to BOD to forward merger/acquisition and amend article and memorandum of association and appoint an auditor.
Similarly, Sarbottam Cements (SARBTM) is conducting 7th AGM on December 12 in Hotel Vilasa, Bhairahawa, Rupandehi, at 11 am. The meeting will endorse a proposal of distributing 5 percent stock and 15 percent cash dividend including tax. Similarly, the meeting will delegate authority to BOD to amend article and memorandum of association and appoint an auditor.
Likewise, Nepal Infrastructure Bank (NIFRA) is conducting its 7th AGM on December 9 in Anupam Foodland and Banquet, Battisputali, Kathmandu at 9 am. The meeting will endorse a proposal of distributing 6.3158 percent cash dividend including tax, appoint an auditor and elect two directors from ordinary shareholders.
Moreover, Agriculture Development Bank (ADBL) is conducting 19th AGM on December 15 at 11 am in Central Training Institution, Bode, Bhaktapur. The meeting will endorse a proposal of 3.5 percent stock and 9.75 percent cash dividend as well as 6 percent cash dividend to preference shareholders. Similarly, the meeting will delegate authority to BOD to amend article and memorandum of association and appoint an auditor.
Furthermore, Barun Hydropower (BARUN) is conducting 22nd AGM on December 12 in Smart Durbar, Shankhapark, Kathmandu at 9.30 am. The meeting will endorse a proposal of distributing 4.75 percent stock and 0.25 percent cash dividend for tax purposes. Similarly, the meeting will endorse a proposal of delegating authority to BOD to amend article and memorandum of association and appoint an auditor.
Similarly, Ngadi Group Power (NGPL) is conducting its 12th AGM on December 11 in Smart Durbar, Shankhapark, Kathmandu at 9.30 am.
The meeting will approve a proposal of distributing 4.75 percent stock and 0.25 percent cash dividend for tax purposes. 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.
