Nepal Lube Oil Limited (NLO) announces AGM; Company to distribute 10% cash dividend for FY 2076/77

Nepal Lube Oil Limited (NLO) has announced its 29th AGM on Kartik 05.

The AGM will be streamed via Zoom because of the Covid-19 pandemic. It will start at 11:30 am that day.

Among other proposals, the AGM will endorse a 10% cash dividend for the fiscal year 2076/77. Also, the AGM will discuss increasing the authorized capital from the current Rs. 3 crores to Rs. 5 crores.

For the AGM, book closure date is from Ashwin 22 to Kartik 05.