Last trading day to clinch dividend of Nepal Doorsanchar and Jeevan Bikas Laghubitta

Today is the last trading day in NEPSE to grab dividend of Nepal Doorsanchar Company Limited (NTC) and Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB).

Nepal Doorsanchar Company Limited (NTC) has proposed a 40% dividend for the fiscal year 2077/78.

Chaitra 11 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM.

The company has called its 14th AGM on 24th Chaitra, 2078. The meeting will be held in Tribhuwan Army Officers Club, Tundikhel, Kathmandu, starting at 11 am that day.

Among other agendas, this AGM will endorse a 20% cash dividend and 20% bonus shares for the fiscal year 2077/78. This is the company's first-ever bonus shares declaration. The paid-up capital of the company after bonus shares issuance will be Rs. 18 Arba.

Likewise, Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) has called its 3rd AGM on 25th Chaitra, 2078. The meeting will be held in the company's central office in Katahari-2, Morang, starting at 10: 30 am that day.

Chaitra 12 is the book closure date. Thus, shareholders maintained before that day (Chaitra 11 is Friday) are entitled to the dividend payout and can also attend this AGM.

Among other agendas, the AGM will endorse a 73.68% dividend for the fiscal year 2077/78. The 56th meeting of the board of directors held on Falgun 07 decided to distribute the dividend on the paid-up capital of Rs. 60.84 crores. 70% bonus shares and 3.68% cash dividend have been proposed. Thus, the bonus shares are worth Rs. 42.58 crores and the cash dividend is worth Rs. 2.24 crores. The cash dividend has been proposed for the tax amount on bonus shares.

Furthermore, this AGM will also elect 2 board members from the public shareholders.