The companies are closing their books on March 10, thus, the shareholders registered in its book till March 9 will be eligible to attend the AGM and obtain the announced dividend.
Salt Trading Corporation (STC) is conducting its 56th AGM on March 24 at 12:15 PM.
The meeting will endorse a proposal of distributing 15 percent dividend including 10 percent stock and 5 percent cash dividend to its shareholders. Moreover, the meeting will appoint an auditor and elect 7 directors from ordinary shareholders.
Similarly, Asha Laghubitta Bittiya Sanstha (ALBSL) is conducting 6th annual general meeting (AGM) on March 25 in its head office at Kakani, Nuwakot at 10:00 AM.
The meeting will endorse a proposal of distributing 14.2857 percent stock and 0.7143 percent cash dividend to its shareholders. Moreover, the meeting will delegate authority to BOD to forward merger/acquisition and amend its article and memorandum of association, appoint and auditor and appoint an independent director.
Likewise, Shangrila Development Bank (SADBL) has called out 18th AGM on March 31.
The meeting will endorse a proposal of distributing 8.534 percent stock and 0.449 percent cash dividend to its shareholders.
Moreover, Sana Kisan Bikas Laghubitta Bittiya Sanstha (SKBBL) is conducting its AGM.
Sana Kisan is conducting its 21st AGM in the head office of Agriculture Development Bank in Bode, Bhaktapur while RMDC is conducting 24th AGM in on March 24 at Amritbhog, Kalikasthan, Kathmandu at 11 AM.
The meeting will endorse a proposal of merger with each other and swap ratio of 1:0.87.
The meeting of will also approve 26 percent stock and 1.3684 percent cash dividend proposal, approve proposal of extending tenure of 2 directors from ordinary shareholders and appoint and auditor.
