Kathmandu. Nepal Stock Exchange (NEPSE) has adjusted the share price of Hathway Investment Nepal.
Nepse has adjusted the share price of Hathway Investment at Rs 1124.10 per share for the bonus share. According to the last trading price on Thursday, it was Rs 1258.99 per share. Now according to the adjusted price, the shares of this company will come into trading.
The company is closing the book today for its 17th Annual General Meeting and dividend distribution purposes. This means that the shareholders who have been in office till September 15 are eligible to receive dividends and participate in the meeting.
The company has decided to hold the agm on September 15. The meeting will begin at 10:00 am at Amrapali Banquet in Kathmandu.
The meeting proposed the board of directors of the company in the last fiscal year 2081 BS. It will approve a dividend of 12.632 percent of the current paid-up capital to the shareholders from the distributable profit of Rs 82. This includes 12 per cent bonus share and 0.632 per cent cash dividend for tax purposes.
The meeting will approve a special proposal to amend the management letter and regulations by increasing the authorized, issued and paid capital of the company. The Assembly shall pass another special resolution to make any changes or modifications while amending the Memorandum of Management and Regulations from the regulatory body.
The assembly will approve the annual and auditor’s report of the last fiscal year. Current fiscal year 2082. The Assembly will also pass a resolution regarding the appointment of auditors and determination of his remuneration for 83.
On behalf of the shareholders of Group (A), the Assembly will elect four directors to represent on the Board of Directors. The Assembly will approve the appointment of an independent director representing the vacant post of independent director.
