Kathmandu. Today is the last day to secure dividends of four companies. Today is the last day to secure dividends of Kumari Bank, Citizens Bank, Bikash Hydropower and Sanima Middle Tamor Hydropower.
These companies are closing the book on Monday, October 19 for the purpose of the general meeting and dividend distribution. According to this, the shareholders who have been traded in NEPSE till date will be able to receive the dividend offered by these companies and participate in the general meeting.
Kumari Bank in the last financial year 2082. 55,21,23,396 out of the current paid-up capital to the shareholders from the distributable amount for 83. It has proposed to distribute a cash dividend (including tax) of Rs. 63. The Bank has decided to hold its 26th Annual General Meeting (including taxes) to approve the proposal. The meeting will begin at 11 a.m. at Silver Oak Banquet and Events, Subarna Shumsher Road, Kathmandu. The meeting will also approve the annual and auditor’s report for the last financial year.
The same meeting will approve the consolidated financial statement of Kumari Capital and KBL Securities, the subsidiaries of the bank, including the financial statements of the last financial year. The meeting will approve the proposal regarding the appointment of an auditor and determination of his remuneration for the current fiscal year 2083. 83.
Citizens Bank has proposed to distribute a total dividend of 4 percent of the current paid-up capital to the shareholders for the financial year 2082. It has proposed to distribute a total dividend of 4 percent of the current paid-up capital to the shareholders for the financial year 2082. This includes 3.80 percent bonus shares and 0.20 percent cash dividend for tax purposes. The bank has decided to hold its 20th Annual General Meeting (AGM) on October 12. The meeting will begin at 11:00 am at Amritbhog, Dillibazar, Kathmandu.
The meeting will also approve a proposal to increase the issued and paid-up capital after the distribution of bonus shares. For this, the meeting will pass a proposal to authorize the Board of Directors to make necessary amendments, including additions and additions, if any direction is received from the regulatory bodies to amend the memorandum of association.
The meeting shall also approve the annual and auditor’s report for the previous financial year. The meeting shall approve the consolidated financial statement of the subsidiary companies of the bank along with the financial statements of the previous financial year. The meeting shall approve the proposal for the current fiscal year 2083. 83 for the appointment of an auditor and the determination of his remuneration.
TAG_OPEN_strong_19 Bikash Hydropower Company has proposed to distribute a total dividend of 10.5263 per cent of the current paid-up capital of Rs 90,91,01,300 proposed for the financial year 2082. This includes bonus shares of Rs 90,910,130 per cent and cash dividend of Rs 4,784,600.14 per cent for tax purposes. Hydropower has decided to hold its fifth annual general meeting (AGM) on October 12 to approve the proposal. The meeting will begin at 9:30 am at Hotel Smart Durbar, Dhumbarahi, Kathmandu.
The meeting shall approve a proposal to increase the officer, issued and paid-up capital of the company to increase the capital after the issuance of bonus shares. The meeting shall pass a resolution authorizing the Board of Directors to amend the Articles of Association and the Board of Directors to make any changes or suggestions from the regulatory body. The meeting shall approve the annual and auditor’s report for the last financial year and approve the proposal relating to the appointment of the auditor and his remuneration for the current financial year.
Samani Middle Tamor Hydropower for the financial year 2082. It has decided to distribute a cash dividend of 5.263 percent from the distributable accumulated profit for the financial year 2083 including tax on the current paid-up capital. The company has called the 11th Annual General Meeting on October 16 to approve this dividend. The company has decided to close the book on October 19 for the purpose of the meeting.
