The companies are closing their book on October 19, thus, the shareholders registered in its book till October 18 i.e. today will be eligible to attend their upcoming AGMs and obtain the announced dividend.
Salt Trading Corporation (STC) is conducting its 54th AGM on November 2 at 11:00 AM through a virtual medium.
The meeting will endorse a proposal of distributing 20 percent stock and 5 percent cash dividend to its shareholders
Similarly, Ridi Hydropower Development Company (RHPC) is conducting its 20th AGM on October 29, in its head office at Thapathali at 11:00 AM through zoom meeting.
The meeting will approve a proposal of the merger/acquisition of Rairang Hydropower. Similarly, it will approve a proposal of distributing 12.6 percent cash dividend and amend its article of association as per requirement.