Hurry Up! Your Last Chance to Grab the Dividend of These 11 Companies

Today is the last day to grab the dividend of the following companies. They have all declared book closure tomorrow, i.e. Poush 15. Thus, investors who can manage to buy the shares of the companies in today's trading session are also entitled to the already-proposed dividend. Furthermore, they will also be allowed to participate in the companies' upcoming AGM. 

1) Ngadi Group Power Limited (NGPL)

Ngadi Group Power Limited (NGPL) has called the company's 7th AGM on 28th Poush, i.e. January 12.

The meeting of the board of directors held on Poush 06 has decided to conduct the AGM in the office of the company registrar in Hanumansthan, Anamnagar, Kathmandu. The AGM will commence at 10 am that day.

The company has proposed a 10.526% dividend for the fiscal year 2076/77. 10% is proposed as bonus shares and 0.526% as a cash dividend. The AGM will endorse the proposal.

Furthermore, the 3rd AGM of the company had endorsed the issuance of 30% right shares. However, since the company hasn't issued the right shares yet, this AGM will catch up on the matter. The 7th AGM will propose the issuance of 30% right shares from the paid-up capital. This is the capital maintained after adjustment of the aforementioned 10% bonus shares.

The book closure is declared tomorrow, i.e. on Poush 15. Thus, investors maintained till today are entitled to the dividend payout and can also attend the AGM.

2) Manjushree Finance Limited (MFIL)

Manjushree Finance Limited (MFIL) has called its AGM on Poush 29, i.e. January 13. The meeting will be organized in the company's central office in New Baneshwor, Kathmandu, starting from 11 am that day. The meeting will be streamed online for investors.

Among other agendas, the meeting will elect three board members from the promoters and one from the public investors.

Furthermore, the meeting will endorse the dividend for the fiscal year 2076/77. The company has proposed a 23.5% dividend for the fiscal year 2076/77. The meeting of the board of directors held on Mangsir 21 has proposed an 18% bonus shares and 5.5% cash dividend from the paid-up capital for the fiscal year 2076/77. Thus, the bonus shares amounting to Rs. 14,72,63,627.46 and cash dividend amounting Rs. 4,49,97,219.50 will be distributed.

The book closure date is announced on Poush 15. Thus, investors maintained till today are entitled to the dividend payout and can also attend the AGM.

3) Global IME Laghubitta Bittiya Sanstha Limited (GILB)

Global IME Laghubitta Bittiya Sanstha Limited (GILB) has called its 8th AGM on Poush 29. The AGM will be organized at Gateway Himalaya Resort, Lamjung, starting at 9 am that day. The AGM will be streamed virtually to investors.

Among other proposals, the AGM will endorse the dividend for the fiscal year 2076/77. The company has proposed a 28.92% dividend for the fiscal year 2076/77. The 121st meeting of the board of directors held on Mangsir 28 has proposed a 27.47% bonus shares worth Rs 7,13,09,108 and 1.45% cash dividend worth Rs 37,53,111 (for tax purpose) from the paid-up capital for the fiscal year 2076/77. The paid-up capital of the company is Rs. 25,95,75,125.

Furthermore, the AGM will endorse the Share Swap Ratio of 1:0.9 for the acquisition of Sparsha Laghubitta.

The book closure for the dividend is announced on Poush 15. Investors maintained before that date are entitled to the dividend payout and can also attend the AGM.

4) Shree Investment Finance Company Limited (SIFC)

Shree Investment Finance Company Limited (SIFC) has called its 26th AGM on Poush 29, i.e. January 13. The meeting will be organized in the office of the company registrar, Dillibazar, Kathmandu, starting from 11 am that day.

Among other agendas, the AGM will endorse the dividend for the fiscal year 2076/77. The company has proposed a 10.53% dividend for the fiscal year 2076/77. The 296th meeting of the board of directors held on Mangsir 18 has proposed a 7.37% bonus shares and 3.16% cash dividend from the paid-up capital for the fiscal year 2076/77. The dividend will be distributed from the paid-up capital of Rs. 82,90,35,000. Thus, the bonus shares amounting to Rs. 6,10,99,879.50 and cash dividend amounting Rs. 2,61,97,506 will be distributed.

Furthermore, the AGM will also approve the amendment of capital (capital adjustment) after the distribution of the bonus share.

The book closure date is announced on Poush 15. Thus, investors maintained till today are entitled to the dividend payout and can also attend the AGM. Books will be closed from Poush 15 to Poush 29.

5) Agricultural Development Bank Limited (ADBL)

Agricultural Development Bank Limited (ADBL) has called its 14th AGM on Poush 29, i.e. January 13. The meeting will be streamed virtually for investors, starting from 11 am that day.

Among other agendas, the AGM will endorse the dividend for the fiscal year 2076/77. The company has proposed a 15.7895% dividend for the fiscal year 2076/77. The 853rd meeting of the board of directors held on Mangsir 29 has decided to distribute 15% bonus shares and 0.7895% cash dividend (for tax purposes) from the paid-up capital. Furthermore, the company has also decided to distribute a 6% cash dividend for Irredeemable Non-cumulative Preference Share.

The book closure date is announced on Poush 15. Thus, investors maintained till today are entitled to the dividend payout and can also attend the AGM. Books will be closed from Poush 15 to Poush 29.

6) Nabil Bank Limited (NABIL)

Nabil Bank Limited (NABIL) has called its 36th AGM on Poush 29, i.e. January 13. The meeting will be organized in the company's central office in Durbarmarg, Kathmandu, starting from 10 am that day. The meeting will be streamed virtually for investors.

Among other agendas, the AGM will endorse the dividend for the fiscal year 2076/77. The bank has proposed a 35.26% dividend for the fiscal year 2076/77. The bank's 552nd meeting of the board held on Poush 05 has proposed a 1.76% cash dividend for tax purpose and a 33.5% bonus shares from the existing paid-up capital. The paid-up capital of the company is Rs. 10.097 Arba.

The AGM will also approve the amendment of capital (capital adjustment) after the distribution of the bonus share and increment of authorized capital to Rs. 14 Arba. Furthermore, 2 board members representing the public investors will be elected.

The book closure date is announced on Poush 15. Thus, investors maintained till today are entitled to the dividend payout and can also attend the AGM.

7) Chhimek Laghubitta Bittiya Sanstha Limited (CBBL)

Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) has called its 19th AGM on Poush 29, i.e. January 13. The meeting will be organized in Hotel Samana, Hetauda, starting from 11 am that day.

Among other agendas, the AGM will endorse the dividend for the fiscal year 2076/77. The company has proposed a 29% dividend for the fiscal year 2076/77. The 253rd meeting of the board of directors held on Mangsir 17 has proposed a 22% bonus shares and 7% cash dividend from the paid-up capital for the fiscal year 2076/77. The dividend will be distributed from the paid-up capital of Rs. 1,50,00,00,000. Thus, the bonus shares amounting to Rs. 33,00,00,000 and cash dividend amounting Rs. 10,50,00,000 will be distributed.

Furthermore, 2 board members representing the public investors will be elected.

The book closure date is announced on Poush 15. Thus, investors maintained till today are entitled to the dividend payout and can also attend the AGM. Books will be closed from Poush 15 to Poush 29.

8) Nepal SBI Bank Limited (SBI)

Nepal SBI Bank Limited (SBI) has called its 27th AGM on Poush 28, i.e. January 12. The meeting will be organized in Tribhuwan Army Officers Club, Bhadrakali, Kathmandu, starting from 11 am that day.

Among other agendas, the AGM will endorse the dividend for the fiscal year 2076/77. Nepal SBI Bank Limited (SBI) has proposed a 9.47% dividend for the fiscal year 2076/77. The 458th meeting of the board of directors held on Mangsir 04 has decided to distribute 6% of the paid-up capital as bonus shares and 3.47% as a cash dividend. The cash dividend includes the amount for tax purposes as well. The paid-up capital of the company is Rs. 8,95,62,05,554.

Furthermore, the AGM will also approve the amendment of capital (capital adjustment) after the distribution of the bonus share.

The book closure date is announced on Poush 15. Thus, investors maintained till today are entitled to the dividend payout and can also attend the AGM. Books will be closed from Poush 15 to Poush 28.

9) Global IME Bank Limited (GBIME)

Global IME Bank Limited (GBIME) has called its 14th AGM on Poush 29, i.e. January 13. The meeting will be organized in the office of the company registrar, Kamaladi, Kathmandu, starting from 10 am that day. The meeting will be streamed virtually for investors.

Among other agendas, the AGM will endorse the dividend for the fiscal year 2076/77. The company has proposed a 16% dividend for the fiscal year 2075/76. 14% will be distributed as bonus shares and 2% as a cash dividend.

The AGM will also approve the amendment of capital (capital adjustment) after the distribution of the bonus shares. Furthermore, the meeting will elect 3 board members from promoters and 3 from the public investors.

The book closure date is announced on Poush 15. Thus, investors maintained till today are entitled to the dividend payout and can also attend the AGM. Books will be closed from Poush 15 to Poush 29.

10) Womi Laghubitta Bittiya Sanstha Limited (WOMI)

Womi Laghubitta Bittiya Sanstha Limited (WOMI) has called its 9th AGM on Poush 28, i.e. January 12. The meeting will be organized in Lahari Kharka Party Palace, Banepa-13, starting from 11 am that day.

Among other agendas, the AGM will endorse the dividend for the fiscal year 2076/77. The company has proposed a 30% dividend for the fiscal year 2076/77. The meeting of the board of directors has decided to distribute the entirety of the dividend in bonus shares. Furthermore, since the company has already commenced a post-merger joint operation with Nagarik Laghubitta Bittiya Sanstha Limited, it is eligible for income tax exemption. Thus, investors do not have to pay the tax this time to get bonus shares. This is also probably why the company has not proposed any cash dividend, not even for tax purposes this time.

Furthermore, the AGM will also endorse the Share Swap Ratio for merger determined by the Due Diligence Audit (DDA) and other parameters. Womi Laghubitta signed a Merger Agreement with Grameen Swayamsewak Laghubitta Bittiya Sanstha on September 11 this year and its stock trading is in halt.

The book closure date is announced on Poush 15. Thus, investors maintained till that day are entitled to the dividend payout and can also attend the AGM. Books will be closed from Poush 15 to Poush 28.

11) Sparsha Laghubitta Bittiya Sanstha Limited (SPARS)

Sparsha Laghubitta Bittiya Sanstha Limited (SPARS) has also called its AGM on Poush 29. The AGM will be organized at Hotel Barahi, Lakeside, Pokhara, starting at 11 am that day. 

Among other proposals, the AGM will endorse the dividend for the fiscal year 2076/77. The company has proposed a 20.53% dividend for the fiscal year 2076/77. The meeting of the board of directors held on Mangsir 29 has decided to distribute 19.5% bonus shares and 1.03% cash dividend (for tax purposes) from the paid-up capital. Since the paid-up capital of the company is Rs. 9,37,48,190, the bonus shares amount to Rs. 1,82,80,897 and the cash dividend amounts to Rs. 9,62,152.

Furthermore, the AGM will endorse the Share Swap Ratio of 1:0.9 since the company is to be acquired by Global IME Laghubitta. 

Since trading of SPARS is halted from Ashwin 21, investors maintained till that date are entitled to the dividend payout and can also attend the AGM.