The companies are closing their books on December 16 for upcoming AGM, thus, the shareholders registered in their books till December 15 will be eligible to attend the AGM and obtain the announced dividend.
Laxmi Sunrise Bank (LSL) is conducting its 25th AGM on December 29 in Agrawal Bhawan, Kamalpokhari, Kathmandu at 11 am.
The meeting will endorse a proposal of distributing 10 percent stock and 0.53 percent cash dividend for tax purposes. Moreover the meeting will approve proposals of restructure its BOD, delegate authority to BOD to amend article and memorandum of association and appoint an auditor.
Similarly, Kalinchowk Darshan is conducting 11th AGM on December 30 in Badrinath Hotel, Gaushala, Pingalasthan, Kathmandu at 11.30 am.
The meeting will endorse a proposal of distributing 5 percent stock and 0.263 percent cash dividend to its shareholders. Moreover, the meeting will also approve a proposal of issuing 1:1 right share of the paid-up capital maintained after bonus share distribution.
