The board of directors meeting of the company held on September 11 decided to propose 15 percent stock and 6.05264 percent cash dividend for tax to its shareholders.
In order to approve the proposal, the company has called out 35th AGM on October 5 in The Plaza, Pulchowk, Lalitpur at 11.30 am.
The meeting will also amend previous right proposal of issuing 1:2 right shares, thus, to issue 1,457,253.60 unit of right shares.
In this regard, the company will close its book on September 21, thus, the shareholders registered in its book till September 20 will be eligible to attend the AGM and obtain the announced dividend.