Today marks the final opportunity to secure the 28.40% dividend put forth by Citizen Life Insurance Company Limited (CLI). The firm has summoned its 8th Annual General Meeting on the 15th of Chaitra, 2081. This event will take place at Amrapali Banquet in Naxal, Kathmandu, commencing at 11 AM that day.
On the agenda, the AGM is set to approve a 28.40% dividend for the fiscal year 2080/81. During the 115th Board of Directors meeting on Falgun 8, a recommendation for a 28.40434698% dividend for FY 2080/81 was made. It includes 26.98412698% in bonus shares alongside 1.42022% in cash dividends. Consequently, the bonus shares amount to Rs. 1.06 Arba, while the cash dividend (after tax) totals Rs. 5.59 crore. The company’s current paid-up capital stands at Rs. 3.93 Arba.
The book closure date is established as the 28th Falgun, 2081. Thus, shareholders who have retained their shares until today are eligible for the dividend payout and can participate in this AGM.
In the same vein, today is the final chance to obtain the 15% dividend proposed by Nesdo Sambridha Laghubitta Bittiya Sanstha Limited (NESDO). The organization has convened its 6th Annual General Meeting on the 10th of Chaitra, 2081. The meeting is set to occur at 11:00 AM at the Royal Kusma Resort, Kusma, Partbat.
According to the announcement released by the company, NESDO has proposed 14.25% in bonus shares valued at Rs. 3.63 Crores and a 0.75% cash dividend (for tax purposes) worth Rs. 19.12 Lakhs. The entity’s paid-up capital is Rs. 25.50 Crores.
The book closure date is again stated to be the 28th Falgun, 2081. Therefore, shareholders who have preserved their shares until today are entitled to the dividend payout and can attend this AGM.
