Today is the last day to secure 55 percent cash dividend of Nepal Doorsanchar Company (NTC) and 15 percent cash dividend of Himalayan General Insurance (HGIL). Both companies are closing their books on December 29, thus, the shareholders registered in their book by December 28 are eligible to attend the AGMs and acquire the dividend announced by the companies.

Nepal Doorsanchar Company has called out its 10th annual general meeting (AGM) on January 14 in Tribhuwan Army Officers Club, Bhadrakali, Kathmandu at 10:00 AM.

The AGM will endorse a proposal of distributing 55 percent cash dividend to its shareholders. Moreover, the AGM will also endorse a proposal of amending its Memorandum of Association (MOA) and Articles of Association (AOA) and approve financial reports of the last FY.

In the first quarter of the current FY, the company earned a net profit of Rs 4.05 billion.

Similarly, Himalayan General Insurance is conducting its 24th annual general meeting (AGM) on January 14 in Amritbhog Complex, Dillibazaar, Kathmandu at 2 PM.

The AGM will endorse a proposal of distributing 15 percent cash dividend to its shareholders. Moreover, the AGM will approve the financial reports of the last FY and appoint Auditor for the current FY.

Himalayan General Insurance has paid-up capital of Rs 1.02 billion million and a reserve fund of Rs 120 million. The company earned a net profit of Rs 22.3 million in the first quarter of the current FY. It has EPS of Rs 8.75