NRN Infrastructure and Development Limited (NRN) has scheduled its 13th Annual General Meeting on Poush 4, 2082. The gathering will take place at the Amrapali Banquet in Kathmandu, commencing at 9:00 AM that day.
During the board of directors’ meeting on Kartik 25, a proposal was made for a 40% bonus shares issuance valued at Rs. 51.37 crores, along with a cash dividend of 2.105% (for tax implications), 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, there is a motion to approve the auditor’s report, including PL statements, financial documents, and cash flow statements, as well as appoint an auditor for the fiscal year 2082/83.
Moreover, there is a plan to issue rights shares at a ratio of 1:1 following the allocation of bonus shares.
