Citizens Investment Trust Calls Out 24th AGM

Aug 23, 2019 09:43 AM Merolagani

Citizens Investment Trust (CIT) has called out AGM for the FY 2074/75 on 16 September. The company is conducting its 24th AGM in Karki Banquet, Babarmahal, Kathmandu at 11:30 AM.

The meeting is scheduled to endorse a proposal of distributing 22 percent stock and 1.16 percent cash dividend to its shareholders. Moreover, the AGM will approve annual report and financial reports of FY 2074/75 and elect one shareholder each from the promoter and ordinary shareholders of the company.

Regarding the matter, the company is set to close its book on September 5, thus, the shareholders registered in its book till September 4 will be eligible to attend the AGM and obtain the announced dividend.

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