Last day to secure dividend of Laxmi Laghubitta and Arun Valley

Dec 04, 2018 Merolagani

Today is the last day to secure dividend of Laxmi Laghubitta (LLBS) and Arun Valley Hydropower (AHPC).  Both companies are closing their books on December 5, thus, the shareholders registered in their books by December 4 will be eligible to attend the AGM and obtain the announced dividend.

Laxmi Laghubitta is conducting its 7th AGM on December 16 in Agrawal Bhawan, Kamalpokhari at 11:00 AM. The AGM is supposed to endorse a proposal of distributing 26.32 percent cash dividend worth Rs 63,684,211.

Similarly, Aurn Valley Hydropower has called out its 21th AGM on December 14 in Maitri Hall, Indreni Foodland, New Baneshwor at 11:00 AM.

The meeting is supposed to postpone previously endorsed FPO proposal, instead, issue 1:1 right shares and delegate authority to BOD to carry out further  procedure.  The meeting is set to approve proposals on increasing authorized and issued capital and amend its article of association and policies as per change in capitals.

Moreover, the meeting is scheduled to approve financial reports of the last FY, appoint auditor for the current FY and approve loan for upcoming project Kabeli B-1 Cascade.

comments powered by Disqus

Development Banks Record Minimal Degrowth

Apr 24, 2024 06:56 AM

The net profit of development banks has declined less compared to commercial banks and finance companies in the third quarter.

Gold and Silver Price Decline

Apr 25, 2024 10:37 AM