4 Companies Closing Books Today; Last Day To Secure Dividend Of 2 Companies

Jan 04, 2021 10:07 AM Merolagani

4 listed companies including Nepal Credit and Commerce Bank (NCC), Guheshwori Merchant Banking and Finance, Rairang Hydropower and United Insurance are closing their books tomorrow i.e. January 5 for their upcoming AGM, thus, the shareholders registered in their books by today can attend the AGM.

Out of these, two companies including NCC Bank and Guheshwori Merchant have proposed dividends, thus, the shareholders who are registered in their books till today are eligible to obtain the announced dividend as well. Rairang Hydropower and United Insurance have not proposed any dividend to the shareholders.

Nepal Credit and Commerce Bank (NCC) has called out 23rd AGM on January 22 in its head office at Bagbazar through a virtual medium.

The meeting will endorse a proposal for distributing 10.2695 percent stock and 0.5405 percent cash dividend for tax purposes. Moreover, the meeting will delegate authority to BOD to forward the merger/acquisition with suitable partners.

Guheshwori Merchant (GMFil) has called out 19th AGM on January 12 in Guheshwori Bhawan Harihar Bhawan, Lalitpur at 11:00 AM.

The meeting will endorse a proposal of distributing stock dividends worth Rs 64 million and cash dividends worth Rs 27 million. The meeting will also delegate authority to BOD to amend its article of association and memorandum of association and forward merger/acquisition process with suitable partners.

Rairang Hydropower (RRHP) is conducting its 17th AGM on January 13 in its corporate office, Thapathali, Kathmandu. The AGM will approve annual financial reports and discuss the merger/acquisition with suitable partners.

United Insurance (UIC) is conducting its 26th AGM on January 20 in Hotel Himalaya, Kupondole, Lalitpur at 10:30 AM. The shareholders can also attend the meeting through virtual medium.

The meeting will approve financial reports of the last FY as well as delegate authority to BOD to change share structure and amend the article of association and memorandum of association accordingly.

comments powered by Disqus

NEPSE Adjusts Stock Price of Ganapati and National Microfinance Laghubitta

Feb 26, 2021 04:28 PM

Nepal Stock Exchange (NEPSE) has adjusted the stock price of Ganapati Laghubitta Bittiya Sanstha and National Microfinance Laghubitta on February 26 following their book close for their upcoming AGM.

Mahila Laghubitta Allots IPO

Feb 26, 2021 10:30 AM