Nepal Lube Oil (NLO) Proposes 30% Dividend for FY 2079/80; Calls AGM on Poush 25
Mon, Dec 18, 2023 12:12 PM on Dividend, Bonus & Rights, AGM/Special AGM, Book Closure, Latest,
Nepal Lube Oil Limited (NLO) proposes a 30% dividend for FY 2079/80 and has called the 32nd AGM on Poush 25, 2080.
The 371st meeting of the board of directors held on Poush 01 has proposed a 30% dividend for the fiscal year 2079/80. 25% bonus shares and 5% cash dividends have been proposed. The company's existing paid-up capital is Rs. 4.86 Crores.
Furthermore, there is an agenda to endorse the auditor's report with PL statements, financial reports, and cash flow reports for FY 2079/80 and appoint an auditor for the fiscal year 2080/81.
The book closure date is from Poush 10 to Poush 24. Thus, investors maintained before that date are entitled to the dividend payout and can also attend the AGM.
NLO closed at Rs. 282.40 yesterday.
Dividend History:
