Kathmandu. Today is the last day to secure dividends of 3 companies, including NLG Insurance.
Today is the last day to secure dividends of NLG Insurance, National Microfinance and Vindhyabasini Hydropower Development Company. All the three companies have decided to close the book on January 5 for dividend and AGM.
NLG INSOU is organizing its 20th Annual General Meeting (AGM) on January 13 at 1:30 pm at Silver Oak Banquet & Events Centre, Gairidhara, Kathmandu. The meeting held the last fiscal year 2081. The company will approve a total dividend of 7.3684 percent out of the current paid-up capital of Rs 2.56 billion. Out of this, 4 percent will have bonus shares worth Rs 10,26,08,978 and 3 percent cash dividend of Rs 7,69,56,733. For both the dividends, the company has set aside 0.3684 percent i.e. Rs 9.450 thousand 827 for tax purposes.
Similarly, National Microfinance is organizing its 12th Annual General Meeting (AGM) on January 12 at Araniko Party Palace, Banepa, Kavre from 11:00 am. The AGM will approve a total dividend of 15 percent proposed for the last fiscal year. This includes 14.25 percent bonus shares and 0.75 percent cash dividend for tax purposes.
Bindhyabasini Hydropower Limited is also organizing its 9th Annual General Meeting (AGM) on January 12 at 10:00 am at Anmol Banquet in Sankhamul, Kathmandu. The AGM will endorse 5 percent bonus shares proposed for the last fiscal year and 0.2632 percent cash dividend for tax purposes. The meeting will also endorse a special proposal of issuing 100 percent right shares in the ratio of 1:1 of the paid-up capital to be maintained after the bonus share distribution.
