Shree Investment and Finance to convene AGM on Poush 11; Agenda to endorse 2.35% bonus and 10.65% cash
Sun, Nov 24, 2019 1:24 PM on AGM/Special AGM, Book Closure, Dividend, Bonus & Rights, Latest, Stock Market,
Shree Investment and Finance Company (SIFC) will be convening its 25th Annual General Meeting (AGM) on Poush 11, 2076 at Amrapali Banquet, Bhatbhateni, Kathmandu from 10 AM onwards.
The 286th Board Meeting held on Mangsir 05, 2076 has decided on the following agendas for the AGM:
- Approval of the annual report to be presented by the board along with audited financial statements for the year 2075/76.
- Appointment of auditor for 2076/77 along with the determination of remuneration.
- Approval of 10.65% cash dividend and 2.35% bonus shares.
The dividend breakdown is as follows:
Current paid-up capital: Rs 81 crore
Cash dividend: 10.65% worth Rs 8.62 crore
Bonus shares: 2.35% worth Rs 1.90 crore
Total dividend: 13% worth Rs 10.53 crore
Capital after adjustment: Rs 82.9 crore
The book closure date has been set on Poush 01, 2076. Therefore, shareholders maintained on Mangsir 30, 2076 will be eligible for participating in AGM and claim dividend.
