Dividend News
Recent dividend, bonus-share, and right-share announcements from the Nepal market.
5% cash dividend worth Rs 28.40 Crores proposed for FY 2080/81, to be distributed after central bank approval and AGM endorsement.
Today is the last day to claim the proposed Taragaon Regency Hotel Limited 11% cash dividend (excluding tax) from the paid‑up capital of Rs. 1,962,120,200. Shareholders holding shares through Poush 7, the book closure date, are entitled to the payout and may attend the 28th AGM on 24th Poush 2081.
Book closure for the proposed 5% cash dividend and the 32nd AGM is on 18th Poush, 2081. The AGM will be held on 28th Poush, 2081 at 11 AM in Karki Banquet, Babarmahal, Kathmandu.
Book closure for the dividend is on Poush 12, 2081; investors holding shares before that date will receive a 3% cash dividend of Rs. 13.95 crores plus 7% bonus shares worth Rs. 32.55 crores. The 6th AGM will be held at 11 AM on Poush 26, 2081 at Hotel Vilasa, Bhairahawa.
Corporate Development Bank Limited announced that it will not distribute dividends for Fiscal Year 2080/81, a decision made at its 6th Board Meeting on Poush 03, 2081 and awaiting approval of the financial statements by Nepal Rastra Bank and the upcoming Annual General Meeting.
The proposed 10.53% dividend for FY 2080/81 by Agricultural Development Bank will be paid only after approval from the Nepal Rastra Bank and endorsement at the upcoming AGM.
Vijaya Laghubitta Bittiya Sanstha Limited announced that it will not distribute a dividend for FY 2080/81, pending approval of its financial statements by Nepal Rastra Bank.
Panchthar Power Limited will issue 100% right shares, subject to approval from the Electricity Regulatory Commission and SEBON. The company expects the Hewa Khola "A" hydropower project to resume operations by 15 June 2081 as reconstruction continues.
Infinity Laghubitta Bittiya Sanstha Limited will not pay a dividend for FY 2080/81. The decision was made at the 110th board meeting on Poush 03, 2080, subject to approval by Nepal Rastra Bank and the upcoming AGM.
Book closure for the 6.35 % cash dividend is on Poush 11; shareholders registered before this date will receive the Rs 8.58 crore payout and may attend the 17th AGM on Poush 28, 2081.
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