Nepal Lube Oil Limited Calls AGM on Ashwin 18; To Endorse 25% Dividend and Discuss On FPO Agenda
Thu, Sep 12, 2024 10:18 AM on Dividend, Bonus & Rights, IPO/FPO News, AGM/Special AGM, Book Closure, NEPSE News, Latest,
Nepal Lube Oil Limited (NLO) proposes a 25% dividend for FY 2080/81 and has called the 33rd AGM on Ashwin 18, 2081.
The 376th meeting of the board of directors held on Bhadra 26 has proposed a 25% dividend for the fiscal year 2080/81. 20% bonus shares and 5% cash dividends have been proposed. The company's existing paid-up capital is Rs. 6.07 Crores.
There is an agenda to issue FPO to the general public to increase the paid-up capital of the company.
Furthermore, an agenda is to endorse the auditor's report with PL statements, financial reports, and cash flow reports and appoint an auditor for the fiscal year 2081/82.
The book closure date is on Ashwin 4. Thus, shareholders maintained till Ashwin 3 are entitled to the dividend payout and can also attend this AGM.
NLO closed at Rs. 284.90 yesterday.
Dividend History:
