Nepal Telecom to endorse 50% cash dividend; 8th AGM on Baisakh 20, Book Closure on Baisakh 5, LTP stood Rs 709

Nepal Doorsanchar Company Limited (NTC) will be convening its 8^th Annual General Meeting (AGM) on Baisakh 20, 2073. The AGM will be held at Tribhuwan Army Officers Club , Tudikhel, Kathmandu at 11:00 AM. The agendas of the AGM are to endorse 50 percent cash dividend from the net profit it earned from the fiscal year 2071/72, financial highlights of 2071/72 and appointment of auditor. Only those shareholders owning shares till Baisakh 4 will be entitled to the cash dividend of the company The register of their shareholders will remain close from Baisakh 5, 2073 till Baisakh 20, 2073 for the purpose of its upcoming AGM. Nepal Telecom has earned net profit of Rs 7.2 arba in the second quarter of the fiscal year 2072/73 as per unaudited report. It’s paid up capital stands at 15 arba. The last trading price (LTP) of the shares stood at Rs 709 as on April 6, 2016.