CYC Nepal Laghubitta to Convene AGM on Poush 30; Book Closure for 31.58% Dividend on Poush 19
Mon, Dec 26, 2022 11:40 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
CYC Nepal Laghubitta Bittiya Sanstha Limited (CYCL) has called its 4th AGM on 30th Poush, 2079. The meeting will be held in the company's head office located at Pokhara, starting at 11 AM.
Among the other agendas, the AGM will endorse a 31.58% dividend worth Rs. 3.84 Crores for the fiscal year 2078/79. The meeting of the board of directors held on Poush 7 decided to distribute the dividend on the paid-up capital of Rs. 12.16 Crores. 30% bonus shares worth Rs 3.64 Crores and 1.58% cash dividend (tax purposes) worth Rs 19.20 Lakh have been proposed.
Furthermore, there is an agenda to endorse the auditor's report with PL statements, financial reports, and cash flow reports and appoint an auditor for the fiscal year 2079/80.
The book closure date is on Poush 19. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM.
