Himalayan Distillery Limited Unveils Book Closure Date for its 25% Dividend; Calls AGM on Kartik 30

Himalayan Distillery Limited (HDL) has called its 25th AGM on 30th Kartik, 2082. The meeting will be held in the Company's registered office, Birgunj, starting at 10:00 am that day.

The meeting of the board of directors held on 30th Ashwin, 2082, has proposed a 25% dividend from the profit maintained after FY 2081/82. The paid-up capital of the company stands at Rs. 3.07 Arba. 20% bonus shares and 5% cash dividend (including tax) have been proposed.

Furthermore, an agenda is to endorse the auditor's report with PL statements, financial reports, and cash flow reports, and appoint an auditor for the fiscal year 2082/83. The agenda also includes finalizing a Trademark Usage Agreement to allow production of the company’s various alcohol brands by other companies, and discussing and approving accident and medical insurance for the Chairman and members of the Board of Directors. There's also an agenda to elect 5 directors.

The book closure date is from Kartik 20. Thus, shareholders who maintained before that are entitled to the dividend payout and can also attend the AGM.