Soaltee Hotel Limited (SHL) has proposed a dividend of 31.57% for the fiscal year 2081/82. The company has scheduled its 51st Annual General Meeting (AGM) on Mangsir 28, 2082.
In a board meeting convened on Kartik 11, 2082, it was resolved to allocate a dividend of 31.57% for the fiscal year 2081/82. This consists of a 16.57894737% cash dividend and 15% in bonus shares sourced from the paid-up capital. The total paid-up capital of the firm is recorded at Rs. 1.02 Arba, meaning the cash dividends equate to Rs 16,94,14,078. It is important to note that the cash dividend figure includes the tax component applicable to the bonus shares.
The book closure date for the proposed dividend and the AGM announcement is set for 5th Mangsir, 2082. Hence, shareholders who are registered by that date will be eligible to receive the dividend and participate in the AGM.