Shivam Cements Calls out AGM on October 25

Oct 02, 2019 10:26 AM Merolagani

Shivam Cements (SHIVM) has called out its 4th AGM on October 25. The 64th board of directors meeting of the company held on September 30 decided to call the AGM in Rastriya Sabhagriha, Kathmandu at 11:00 AM.

The AGM is supposed to endorse a proposal of distributing 15.7895 percent cash dividend to its shareholders.

Moreover, the meeting is scheduled to approve the financial reports of the last FY, appoint an auditor for the current FY, delegate authority to BOD to forward loan procedure with BFIs (if needed) and elect five directors from promoter shareholders.

In this regard, the company is closing its book on October 16, thus, the shareholders registered in its book till October 15 will be eligible to attend the AGM and obtain the announced dividend.


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