Ganapati Laghubitta (GMFBS) calls AGM on Falgun 28; When's the Book Closure for 15.79% Dividend?
Sun, Jan 31, 2021 11:22 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
Ganapati Laghubitta Bittiya Sanstha Limited (GMFBS) has called its 4th AGM on 28th Falgun, 2077. The AGM will be held in White House Party Palace, Dulegauda, Tanahun, starting at 11 am that day.
Among other proposals, the AGM will endorse the dividend for the fiscal year 2076/77. The company has proposed a 15.79% dividend for the fiscal year 2076/77. The 76th meeting of the board of directors held on Poush 22 has decided to distribute 15% bonus shares and 0.79% cash dividend (including the amount for tax purposes) from the paid-up capital. Since the paid-up capital of the company is Rs. 11,07,45,000, the bonus shares amount to Rs. 1,66,11,750 and the cash dividend amounts to Rs. 8,74,302.63.
Furthermore, the AGM will also authorize the board of directors to initiate/ implement merger and acquisition-related activities.
The book closure date is announced on Falgun 14. Thus, investors maintained before that day are entitled to the dividend and can also attend the AGM. Books will be closed from Falgun 14 to Falgun 28.
