Kathmandu. Nepal Infrastructure Bank (NIFRA) has corrected the notice regarding its Seventh Annual General Meeting.
Nepal Stock Exchange (NEPSE) has sent a notice with the agenda of the discount of the AGM. This information has also been shared with other regulatory agencies.
According to a notice published by NIFRA in the newspaper today, the Board of Directors held its meeting on September 1, 2081. It missed the agenda of the dividend proposed to be distributed to 82 shareholders. After a lot of criticism in the media, Nifra has again issued a notice and put out a dividend agenda.
Board of Directors FY 2081. The company has proposed to distribute a cash dividend of Rs 2.36 billion to its shareholders amounting to 6.3157 per cent with a paid-up capital of Rs 21.60 billion. The dividend will be paid to the shareholders after the AGM approves the dividend of NIFRA.
NIFRA has organized a call at Anupam Foodland and Banquet in Battisputali, Kathmandu on December 9 at 9 am. The AGM will elect 2 directors representing the general shareholders.
The same meeting shall endorse the annual report and the auditor’s report for the said fiscal year. The meeting held the current fiscal year 2082. It will also approve the proposal regarding the appointment of the auditor and the determination of his/her remuneration for Province 83.
NIFRA has decided to close the book on November 26 for the purpose of the meeting. This means that only shareholders who have been established before November 28 will be eligible to participate in the NIFRA meeting.
