Final day to secure dividend of Shivam Cements

Oct 15, 2019 10:42 AM Merolagani

Today is the last day to secure dividend of Shivam Cements (SHIVM). The company is closing its book on October 16 for its upcoming AGM, thus, the shareholders registered in its book till October 15 will be eligible to attend the AGM and obtain the announced dividend.

The company is conducting its 4th AGM on October 25 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.

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