Shivam Cements concludes 3rd AGM; Shareholders to receive 15% cash dividend

Tue, Apr 23, 2019 1:16 PM on Corporate, Latest,

Shivam Cements Limited (SHIVM) has concluded its 3rd Annual General Meeting (AGM) on Baisakh 09, 2076 under the chairmanship of Mr. Surendra Kumar Goyal. The AGM has approved 15% cash dividend worth Rs 69 crore 47 lakh 38 thousand excluding tax amount.

The AGM has also instructed to prepare necessary requirements for merger and acquisition with the appropriate companies with the same objectives, investment on other appropriate projects. Similarly, Mrs. Alka Goyal has been elected as non-challenged director appointed for a period of 4 years. Likewise, the AGM has also passed the audited financial report for the FY 2074/75 along with the appointment of statutory auditor for the FY 2075/76.

The paid-up capital of Shivam Cements is Rs 4.40 arba