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Shivam Cements Limited (SHIVM) has announced a 12.5% dividend for the fiscal year 2081/82 and has scheduled the AGM for Mangsir 25, 2082.
During the 142nd board meeting conducted on Kartik 30, a dividend of 12.5% for the fiscal year 2081/82 was put forward. Additionally, it includes 2.5% in bonus shares valued at Rs. 13.64 Crores and 10% cash dividends (due to tax implications) amounting to Rs. 54.56 Crores. The company’s total paid-up capital stands at Rs. 5.45 Arba.
The book closure date is set for Mangsir 11. Therefore, shareholders registered prior to this date are eligible for the dividend distribution and may also participate in the AGM.
SHIVM concluded trading at Rs. 594.90.
