Dividend News
Recent dividend, bonus-share, and right-share announcements from the Nepal market.
United Modi Hydropower Ltd. has signed a right issue management agreement with Citizens Capital Ltd. The agreement awaits approval at the company’s forthcoming AGM/SGM.
The AGM of Universal Power Company Limited (UPCL) will be held on 29th Poush 29; shareholders registered by 17th Poush are entitled to a 0.45% cash dividend and an 8.55% bonus share allocation.
Purwanchal Lube Oil will hold its 24th AGM on 29th Poush 2080 at 11 AM in the Company Register Office, Sundarharaicha, Morang, Biratchowk. The meeting will discuss an IPO issuance and a dividend proposal.
Shareholders must be on record before Poush 18 to claim the proposed 10.5263% dividend. The AGM will be held at 11 am on Poush 28, 2080, where a 10 % bonus (Rs 7.93 crore) and 0.5263 % cash dividend (Rs 41.76 lakhs) will be endorsed.
Investors holding shares before the book closure on Poush 15 will be eligible for the proposed 5% dividend, and the company has scheduled its AGM for Poush 29, 2080.
Goodwill Finance Company Limited has declared it will not pay dividends for FY 2079/80, pending approval of the financial statements by Nepal Rastra Bank and the upcoming AGM. The company’s shares closed at Rs. 453.20.
Book closure for the 10% cash dividend will take place on Poush 19, 2080; shareholders recorded on that date are entitled to the Rs. 6.19 crores payout. The 11th AGM is scheduled for Poush 29, 2080 at Best Resort, Lakeside, Pokhara.
The 13th Annual General Meeting of NMB Capital Limited will be held on 29th Poush 2080, with a proposed 17% cash dividend (including tax) for FY 2079/80 to be endorsed.
Shareholders on the register as of Poush 16 will receive a 15% cash dividend of Rs. 42.53 crores for FY 2079/80. The AGM on Poush 29, 2080, will also discuss a 5% bonus on the Rs. 2.83 arsha paid‑up capital.
Investors holding shares before the book closure on Poush 17, 2080 are eligible for a 2% cash dividend for FY 2079/80. The 13th and 14th AGM will be held on Poush 28, 2080.
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