Dividend News
Recent dividend, bonus-share, and right-share announcements from the Nepal market.
SABSL decided at its 140th board meeting on Poush 01, 2080 not to distribute a dividend for FY 2079/80. The financial statements remain subject to Nepal Rastra Bank approval and the upcoming annual general meeting.
Book closure for the 15% dividend ends on Poush 24, 2079/80; shareholders registered before that date are entitled to the distribution. The 27th AGM will be held at Nepal Tourism Board, Bhrikutimandap on Poush 24, 2080 at 10 AM.
Prabhu Mahalaxmi Life Insurance has proposed a 17% right share issue to raise paid‑up capital to Rs. 5.02 arba. The proposal requires approvals from the Nepal Insurance Authority and SEBON and will be ratified at the company’s upcoming AGM.
Investors holding shares of Ru Ru Jalbidhyut Pariyojana Limited before the book‑closure date of Poush 17 will receive a 10.5263 % cash dividend for FY 2079/80. The company has also called its 18th AGM for 25 Poush at the Lisara Receptions in Naxal, Kathmandu.
Book closure for Bottlers Nepal Terai shares is on Poush 20, 2080. Shareholders holding shares through Poush 19 can attend the AGM on Poush 27 to vote on the Rs 60 per share dividend.
GMFIL has decided not to distribute any dividend for FY 2079/80. The decision, made at the 259th Board Meeting on Poush 02, 2080, awaits approval from Nepal Rastra Bank and the forthcoming Annual General Meeting.
Investors holding shares before Poush 24, 2080 are eligible for a 30% dividend on FY 2079/80; the 32nd AGM will be held on Poush 25, 2080. NLO closed at Rs 282.40 on the last trading day.
Unique Nepal Laghubitta Bittiya Sanstha Limited has scheduled its 5th AGM for 24 Poush 2080 at 10 AM. Investors should note that the dividend announced earlier will not be paid for fiscal year 2079/80.
Sadhana Laghubitta Bittiya Sanstha Limited declared it will not distribute a dividend for FY 2079/80. The decision was made at the board meeting on Mangsir 29, 2080 and will be confirmed after approval by Nepal Rastra Bank and the upcoming AGM.
Shareholders registered by 19th Poush, 2080 will receive the proposed 5% dividend for FY 2079/80. Book closure is 20th Poush, 2080; AGM scheduled for 29th Poush, 2080.
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