Kumari Capital Limited Calls AGM on Bhadra 21 to Endorse 15% Cash Dividend
Mon, Aug 14, 2023 9:55 AM on Latest, AGM/Special AGM,
Kumari Capital Limited (KCL) has called its 5th AGM on 21st Bhadra, 2080. The meeting will be held in Kumari Bank Limited, Tangal, Kathmandu, starting at 5.30 pm that day.
Among other agendas, the AGM will endorse the dividend. The meeting of the board of directors has decided to distribute 15% in cash dividends including tax amount. The cash dividend is worth Rs. 6 crores.
Other agendas include the appointment of an independent director, approval of the financial highlight of FY 2079/80, and appointment of the auditor for FY 2080/81. There is also an agenda to approve the merger/acquisition of this company with any other suitable company and to provide all the necessary authority to the Board of Directors and to approve the work done by it and to form a new Merger Committee.