Don't Forget! Last Day to Clinch Dividend Proposed by Bhagawati Hydropower And Soaltee Hotel Limited
Wed, Dec 20, 2023 7:59 AM on Dividend, Bonus & Rights, AGM/Special AGM, Book Closure, Latest,
Today is the last day to grab the 10.5263% cash dividend proposed by Bhagawati Hydropower Development Company Limited (BGWT).
The company has also called its 23rd AGM on 24th Poush, 2080. The meeting will be held at the Arpan Banquet at Naya Baneshwor, Kathmandu, starting at 10 AM that day.
The meeting of the board of directors held on Mangsir 24 has proposed a 10.5263% cash dividend worth Rs. 6.02 Crores for the fiscal year 2079/80. The company's existing paid-up capital is Rs. 57.21 Crores.
The book closure for the proposed dividend and AGM is on 5th Poush, 2080. Therefore, the shareholders maintained till today are entitled to dividend payout and can attend the AGM.
Similarly, Soaltee Hotel Limited (SHL) has called its 49th AGM on 26th Poush, 2080. The meeting will be held in Nepal Pragya Bhawan, Kamaladi, Kathmandu, starting from 10:30 am that day.
The meeting of the board of directors held on Mangsir 01, 2080 has decided to distribute a 31.58% dividend for FY 2079/80. 26.57894737% cash dividend and 5% bonus shares are proposed from the paid-up capital. The paid-up capital of the company stands at Rs. 88.47 Crores. Thus, bonus shares are worth Rs. 44,235,753, and cash dividend is worth Rs 235,147,950. The cash dividend includes the tax amount for the bonus shares.
The book closure for the proposed dividend and AGM is on 5th Poush, 2080. Therefore, the shareholders maintained before that day are entitled to dividend payout and can attend the AGM.