Citizen Investment Trust Calls Out AGM on July 4

Jun 11, 2020 12:23 PM Merolagani

Citizens Investment Trust (CIT) has called out its 25th AGM on July 4 in the premises of its new building at New Baneshwor at 11:00 AM.

The meeting will endorse a proposal of distributing 22 percent stock and 1.16 percent cash dividend to its shareholders. Moreover, the meeting will endorse a proposal of issuing 82.84 percent right shares of the paid-up capital maintained after the bonus share distribution.

In this regard, the company will close its book on June 24, thus, the shareholders registered in its book till June 23 will be eligible to attend the AGM and obtain the announced dividend.

 

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