Shree Investment Finance (SIFC) calls AGM on Poush 29; When's the book closure for AGM and Dividend?

Shree Investment Finance Company Limited (SIFC) has called its 26th AGM on Poush 29, i.e. January 13. The meeting will be organized in the office of the company registrar, Dillibazar, Kathmandu, starting from 11 am that day.

Among other agendas, the AGM will endorse the dividend for the fiscal year 2076/77. The company has proposed a 10.53% dividend for the fiscal year 2076/77. The 296th meeting of the board of directors held on Mangsir 18 has proposed a 7.37% bonus shares and 3.16% cash dividend from the paid-up capital for the fiscal year 2076/77. The dividend will be distributed from the paid-up capital of Rs. 82,90,35,000. Thus, the bonus shares amounting to Rs. 6,10,99,879.50 and cash dividend amounting Rs. 2,61,97,506 will be distributed.

Furthermore, the AGM will also approve the amendment of capital (capital adjustment) after the distribution of the bonus share.

The book closure date is announced on Poush 15. Thus, investors maintained till that day are entitled to the dividend payout and can also attend the AGM. Books will be closed from Poush 15 to Poush 29.

AGM notice