Last Day to Secure Dividend of 4 Listed Companies

Nov 28, 2019 10:06 AM Merolagani

Today is the last day to secure dividend of four listed companies. The under mentioned companies are closing their books on November 29, thus, the shareholders registered in the books till November 28 are eligible to attend the AGM and obtain the announced dividend.

Nepal SBI Bank (SBI) is conducting its 26th AGM on December 15. The board of directors meeting of the bank held on decided to call the AGM in Tribhuwan Army Officers Club, Bhadrakali, Kathmandu at 11:00 AM.

The AGM is supposed to endorse a proposal of distributing 16.84 percent dividend including 6 percent stock and10.84 percent cash dividend including tax.

The meeting will also delegate authority to BOD to forward merger/acquisition process and complete all the official procedure as per regulatory bodies.

Similarly, the meeting will amend its article of association and memorandum of association regarding capital growth.

Garima Bikas Bank (@GBBL|@) is conducting its 13th AGM in the conference hall of Hotel Pokhara Grand, Birauta, Pokhara at 10:30 AM.

The AGM is supposed to endorse a proposal of distributing 16.15 percent stock and 0.85 percent cash dividend to its shareholders. Moreover, the meeting will delegate authority to BOD to forward merger/acquisition, appoint auditor and increase authorized capital to Rs 5 billion.

After the bonus share distribution, the paid-up capital of the bank will reach Rs 3.23 billion.

Swarojgar Lahghubitta Bittiya Sanstha (SLBBL) is conducting its 11th AGM on December 14 in Kayastha Banquet, Banepa at 10:30 AM.

The meeting will endorse a proposal of distributing 26.7520 percent stock and 1.41 percent cash dividend to its shareholders.

Moreover, the meeting will delegate authority to BOD to forward merger/acquisition process, issue 100 percent right shares of the paid-up capital maintained after merger/acquisition and amend article of association and memorandum of association.

Presently, the company has a paid-up capital of Rs 269.5 million that will reach Rs 341.6 million after the bonus share distribution.

Himalayan Distillery (HDL) is conducting its 19th AGM on December 17 in Lipinwarta, Parsa at 10:00 AM.

The AGM is supposed to endorse a proposal of distributing 50 percent stock and 52.63 percent cash dividend including tax.

The meeting will also appoint auditor and amend its article of association and memorandum of association regarding capital growth.

Presently, the company has a paid-up capital of Rs 385.6 million that will reach Rs 578.4 million after the bonus share distribution.


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NLG Insurance to close book on January 27 for upcoming right issue

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