Kumari Capital Limited (KCL) has called its 4th AGM on 20th Bhadra, 2079. The meeting will be held in Kumari Bank Limited, Tangal, Kathmandu, starting at 3 pm that day.
Among other agendas, the AGM will endorse the dividend. The 70th meeting of the board of directors held on 25th Shrawan, 2079 has decided to distribute 5% in cash dividends including tax amount. The cash dividend is worth Rs. 2 crores.
Other agendas include approval of the financial highlight of FY 2078/79 and appointment of the auditor for FY 2079/80. There is also an agenda to approve the merger/acquisition of this company with any other suitable company and to provide all the necessary authority to the Board of Directors and to approve the work done by it and to form a new Merger Committee.