Last day to clinch dividend of Kanchan, Saptakoshi Development Bank & Api Power Company

Today is the last day to clinch dividend of Kanchan Development Bank Limited (KADBL), Saptakoshi Development Bank Limited (SKDBL) and Api Power Company Limited (API). KADBL has set the book closure date for the AGM from Poush 21, 2074. Thus, shareholders holding shares till today (Poush 20, 2074) i.e. one day ahead of the book closure date are eligible to participate in AGM and for proposed dividend. It had announced 12.33% bonus shares and 0.64% cash dividend (for tax) from the net profit of FY 2073/74. It will be convening 8^th Annual General Meeting (AGM) on Poush 29, 2074. The AGM is being held at Hotel Opera, Kanchanpur at 11:30 AM. Its paid up capital will reach to Rs 50.60 crore after distribution of bonus share from existing capital Rs 45.04 crore. It had earned Rs 1.01 crore in the first quarter of the FY 2074/75. Its LTP stood at Rs 239 as of last trading day. Likewise, SKDBL has set the book closure date on Poush 23, 2074. Thus, only those shareholders holding their shares till today (Poush 20, 2074) are eligible to participate in the AGM and proposed dividend. It had announced 4.782% bonus shares and 0.251% cash dividend (from tax) from the net profit of FY 2073/74. It will be conducting 5^th Annual General Meeting (AGM) on Magh 13, 2074. The AGM us going to be held at Hotel Sangam and Party Palace, Biratnagar at 10:30 AM. Its paid up capital will reach to Rs 50.85 crore from existing Rs 48.53 crore after distribution of bonus shares. It had earned Rs 2.35 crore in the FY 2073/74. Its LTP stood at Rs 147 as of last trading day. Similarly, API has set the book closure date for the AGM from Poush 21,2074 to Poush 30, 2074. Thus, only those shareholders owning shares till today (Poush 20, 2074) i.e. ahead of the book closure date are eligible to participate in the AGM and proposed bonus shares. Separate book closure will be announced for right shares. It had announced 8% bonus share from the net profit of FY 2073/74. Its current paid up capital stands at Rs 1.05 arba which will reach to Rs 3.41 arba after adjustment of bonus and right shares. It had posted net profit of Rs 1.65 crore in the first quarter of the FY 2074/75. Its LTP stood at Rs 446 as of last trading day.