Sabaiko Laghubitta (SABSL) calls AGM; When's the Book Closure for Dividend?

Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) has called its 4th AGM on 14th Chaitra, 2077. The AGM will be held in Marshyangdi River View Resort, Tanahun, starting at 11 am that day.

Among other proposals, the AGM will endorse the dividend for the fiscal year 2076/77. The 80th meeting of the board of directors held on Magh 17 has proposed an 11.05% dividend from the paid-up capital maintained as of Ashad's end, 2077. The paid-up capital as of Ashad's end, 2077 was Rs. 18,64,50,000. Since 10.5% bonus shares and 0.55% cash dividend are distributed, the bonus shares are worth Rs. 1,95,77,250 and the cash dividend is worth Rs. 10,30,381.58.

The book closure date is declared on Falgun 28. Thus, investors maintained before that day are entitled to the dividend payout and can also attend the AGM. Books will be closed from Falgun 28 to Chaitra 14.

 AGM notice