Nirdhan Utthan Laghubitta (NUBL) Calls AGM, When's the Book Closure for 31.0526% Dividend?

Nirdhan Utthan Laghubitta Bittiya Sanstha Limited (NUBL) has called its 23rd AGM on 25th Poush, 2078. The meeting will be held in the company's central office in Naxal, Kathmandu, starting at 1 pm that day.

Among other agendas, the AGM will endorse a 31.0526% dividend for the fiscal year 2077/78. The 281st meeting of the board of directors held on Mangsir 09 decided to distribute the dividend on the paid-up capital of Rs. 1.69 Arba. 29.5% bonus shares worth Rs. 50 crores and 1.5526% cash dividend (for tax purposes) worth slightly over Rs. 52.63 crores have been proposed.

Furthermore, the AGM will elect/ appoint board members from the promoters and public shareholders. There is also an agenda to endorse the decision of raising the company's existing authorized capital from Rs. 2.5 Arba to Rs. 3 Arba.

Poush 13 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM.

AGM notice