Himalayan Distillery proposes 50% bonus and 52.63% cash dividend; AGM to be held on Poush 01, 2076
Mon, Nov 11, 2019 11:25 AM on AGM/Special AGM, Book Closure, Dividend, Bonus & Rights, Stock Market, Featured,
Himalayan Distillery Limited (HDL) has proposed a 102.63% dividend for its shareholders from the profit till FY 2075/76.
The Board Meeting held on Kartik 24, 2076 has decided to convene its 19th Annual General Meeting (AGM) on Poush 01, 2076 at its registered office at Lipnibirta-21, Parsa, Birjung from 10 AM onwards. The company has proposed 102.63% dividend to be approved in the AGM. The details are:
Bonus shares: 50%
Cash Dividend: 52.63% including tax amount
Total dividend: 102.63%
The Book Closure date has been set on Mangsir 15, 2076. Therefore, shareholders maintained till Mangsir 12, 2076 will be eligible to participate in the AGM.
HDL had distributed 21.05% cash dividend for FY 2074/75 after approving it from the 18th AGM, and an additional cash dividend of 68.42% was distributed from the reserve of FY 2074/75 after the fiscal year has ended. Therefore, for that year HDL distributed a total of 89.47% cash dividend.
Currently, the paid-up capital of HDL stands at Rs 38,56,45,500, with the promoter: ordinary shareholder composition of 62.11 : 37.89.
HDL had earned Rs 51.49 net profit in last FY 2075/76.
The company's dividend history is:
