Kathmandu. The Salt Trading Corporation (STC) has called its 59th Annual General Meeting.
The meeting of the Board of Directors of the Company has decided to hold the AGM on June 29. The meeting will begin at 11:00 am at the Tribhuvan Army Officers Club in Bhadrakali, Kathmandu.
The meeting held the last fiscal year 2081. It will approve a dividend of 10 percent of the current paid-up capital proposed for the company. This includes 9.5 percent bonus shares and 0.5 percent cash dividend.
The meeting shall approve the appointment of a director. The meeting shall also approve the Memorandum of Association and Memorandum of Association of the company.
The meeting approved the annual report and auditor’s report of the last fiscal year and the current fiscal year 2082. 83. Approve the proposal regarding the appointment of the auditor and the determination of his/her remuneration.
The company has decided to close the book from June 29 to June 13 for the purpose of dividend and meeting. This means that only shareholders who have been in the company before May 27 will be eligible to receive dividends and participate in the meeting.
