NRN Infrastructure and Development Limited (NRN) has scheduled its 13th Annual General Meeting (AGM) on Poush 4, 2082. The gathering will take place at the Amrapali Banquet in Kathmandu, commencing at 9:00 AM that day.
In a board meeting held on Kartik 25, the directors have proposed a 40% bonus share distribution valued at Rs. 51.37 crores, along with a cash dividend of 2.105% (for tax purposes) amounting to Rs. 2.70 crore for the fiscal year 2081/82. The current paid-up capital of the company stands at Rs. 1.28 Arba.
Additionally, the agenda includes ratifying the auditor’s report along with profit and loss statements, financial reports, and cash flow statements, as well as appointing an auditor for the fiscal year 2082/83.
There is also a plan to issue rights shares at a ratio of 1: 1 after the allocation of bonus shares.
The book closure date is set for Mangsir 11. As such, shareholders recorded before this date are eligible for the dividend distribution and may participate in this AGM.
