IME Life New

Those who buy shares till date will get dividend of 6 companies, when will the AGM be held?

SPIL
Global College
Nepal Life New

Kathmandu. Today is the last day to secure dividends of 6 companies. Today is the last day to secure dividends of Shine Resunga Development Bank, Sarbottam Cement, Nepal Infrastructure Bank, Agriculture Development Bank, Barun Hydropower and Ngadi Group Power.

Shine Resunga, Sarbottam Cement and NIFRA are closing the book on November 28, while Agriculture Development Bank, Barun Hydropower and Ngadi Group Power are closing the book on November 30. Accordingly, the shareholders who have been traded in NEPSE till date will be able to participate in the AGM of these companies and receive the dividend to be distributed by these companies.

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The Agricultural Development Bank (ADBL) has called its 19th Annual General Meeting (AGM) on December 29 at Central Training Academy, Bode, Bhaktapur. The meeting will begin at 11:00 am. The current paid-up capital of the meeting is 3. The meeting will endorse a special proposal of distributing 5 percent bonus shares and 9.75 percent cash dividend for tax purposes. The AGM will also endorse the proposal of distributing 6 percent cash dividend of paid-up capital to the shareholders of the unreleased unsecured preference along with tax purposes as prescribed, authorizing the Board of Directors to amend the Memorandum of Association and Articles of Association and appointing an auditor.

Shine Resunga Development Bank Limited has signed a new contract with Hotel Saffron C.K. Pvt. Ltd. on Friday, December 26. The seventeenth annual general meeting has been convened in Butwal, Rupandehi. The meeting will begin at 12:30 p.m. The AGM will endorse a special proposal of distributing 3 percent bonus shares and 10 percent cash dividend on the current paid-up capital.

Ngadi Group Power has called its 12th Annual General Meeting (AGM) on December 12 at Smart Durbar, Sankha Park, Kathmandu. The meeting will begin at 9:30 a.m. The AGM will endorse a special proposal of distributing 4.75 percent bonus shares and 0.25 percent cash dividend for tax purposes.

Sarbottam Cement has called its 7th Annual General Meeting (AGM) on December 12 at Hotel Siddhartha Bhilasa, Bhairahawa, Rupandehi. The meeting will begin at 11:00 am. The AGM will endorse a special proposal of distributing 5 percent bonus shares and 15 percent cash dividend on the current paid-up capital.

Nepal Infrastructure Bank (NIBL) has called its 7th Annual General Meeting (AGM) on December 7 at Anupam Foodland and Bank, Battisputali, Kathmandu. The meeting will begin at 9 a.m. The AGM will endorse a proposal of distributing cash dividend (including tax purpose) at the rate of 6.3158 percent of the current paid-up capital, appointing auditors and electing two directors representing from the general shareholders’ group.

Barun Hydropower has called its 22nd Annual General Meeting (AGM) on December 12 at Smart Durbar, Sankha Park, Kathmandu. The meeting will begin at 9:30 a.m. The AGM will endorse a special proposal of distributing 4.75 percent bonus shares and 0.25 percent cash dividend for tax purposes.

 

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