Nepal Telecom proposes 45% cash dividend; AGM to be held on Poush 29
Tue, Dec 24, 2019 10:28 AM on AGM/Special AGM, Book Closure, Dividend, Bonus & Rights, Latest,
Nepal Doorsanchar Company Limited (NTC) will be convening 12th Annual General Meeting (AGM) on Poush 29, 2076. The AGM will be held at Tribhuvan Army Officers Club, Kathmandu from 1 PM. The main agendas of the AGM are:
- To endorse cash dividend of Rs 45 per share, from the net profit of FY 2075/76.
- To amend the Memorandum of Association (MOA) and Articles of Association (AOA).
- To endorse the agendas to invest amount held on company reserve in BFI's and other companies stocks and provide loans to such companies and to open company or provide loan in the power sectors, transmission lines and infrastructure sharing company.
Other agendas of the AGM are major financial highlights of the FY 2075/76 and appointment of auditor for the FY 2076/77. The book closure date for the AGM has been set from Poush 15 to Poush 29, 2076. Thus, only those shareholders holding their shares till Poush 14, 2076 i.e. one day ahead of the book closure date are eligible to participate in the AGM.
.png)
