Today is the last day to grab the dividend of Kalika Laghubitta Bittiya Sanstha Limited (KMCDB).
The company has called its 10th and 11th AGM on 7th Baisakh, 2078. The AGM will be held in Hotel Task International, Pokhara, starting at 8 am that day.
Among other proposals, the AGM will endorse the 10% dividend for the fiscal year 2076/77. The 197th meeting of the board of directors held on Falgun 20 has decided to distribute the entirety of the dividend in bonus shares.
The AGM will also elect four board members from the promoters and two from the general investors. Furthermore, the AGM will discuss changing the promoter and public shareholding ratio to 54.52: 45.48. The ratio maintained as of now is 64.52: 35.48.
The book closure is declared on Chaitra 22. Since today is the last trading day before the book closure date, investors maintained till today are entitled to the dividend payout and can also attend the AGM. Books will be closed from Chaitra 22 to Baisah 07 of next year.