Civil Laghubitta Calls AGM on Falgun 29 to Endorse 11.58% Dividend; When's the Book Closure?
Mon, Feb 13, 2023 8:37 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
Civil Laghubitta Bittiya Sanstha Limited (CLBSL) has called its 11th AGM on 29th Falgun, 2079. The meeting will be held in Bougainvilla Events, Tripureshwor-11, Kathmandu, starting from 11 AM that day.
Among the other agendas, the AGM will endorse an 11.58% dividend for the fiscal year 2078/79. The board of directors meeting decided to distribute the dividend on the paid-up capital of Rs. 28.81 Crores. 11% bonus shares and 0.58% cash dividend (for tax purposes) have been proposed by the company. Thus, the bonus shares are worth slightly over Rs. 3.16 crores and the cash dividend is worth slightly over Rs. 16.68 lakhs. The meeting will also elect an independent director and convert the promoter to public shareholding ratio from 60: 40 to 51:49.
The book closure date is on Falgun 14. Therefore, the shareholders maintained before that day are entitled to dividend payout and can attend this AGM.
