The companies are closing their books on January 31, thus, the shareholders registered in its book till January 30 will be eligible to attend the AGM and obtain the announced dividend.
Nerude Laghubitta Bittiya Sanstha (NLBBL) is conducting its 16th annual general meeting (AGM) on February 11 in the conference hall of the Chamber of Industries, Morang, Biratnagar at 11 am.
The meeting will endorse a proposal of distributing 22 percent stock and 1.1579 percent cash dividend to its shareholders. Moreover, the meeting will delegate authority to BOD to forward merger/acquisition with suitable partners and amend its article and memorandum of association, elect a director from ordinary shareholders and appoint and auditor.
Similarly, Shikhar Insurance Company is conducting its 17th and 18th AGM on February 8 in its headoffice at Shikhar Biz Shikhar, Thapathali at 11 am.
The meeting will endorse a proposal of distributing 16 percent stock and 0.8421 percent cash dividend to its shareholders. Moreover, the meeting will delegate authority to BOD to forward merger/acquisition, amend article and memorandum of association and appoint and auditor.
