Reminder! Last Day to Grab Dividend Proposed by NIC Asia Laghubitta and Nepal Hydro Developer

Today is the last day to grab the dividend proposed by NIC Asia Laghubitta Bittiya Sanstha Limited (NICLBSL) and Nepal Hydro Developer Limited (NHDL).

NIC Asia Laghubitta Bittiya Sanstha Limited (NICLBSL) called its 6th AGM on 6th Poush, 2080. The meeting will be held in Gorkha Hotel, Chatara Line, Dharan-12, Sunsari, starting at 9 am that day.

Among other agendas, the AGM will endorse a 15% dividend for the fiscal year 2079/80. The meeting of the board of directors held on Kartik 1st decided to distribute the entirety of the dividend in cash. Since the paid-up capital of the company is Rs. 1.73 Arba, the cash dividend is worth a little over Rs. 26.09 crores.

Mangsir 25 is the book closure date. Thus, shareholders maintained till today are entitled to the dividend payout and can also attend the AGM.

Similarly, Nepal Hydro Developer Limited (NHDL) has called its 17th AGM on Poush 12, 2080.

The 82nd board of directors meeting held on Mangsir 15 has decided to distribute 7% bonus shares and 0.37% cash dividend (tax purposes) from the paid-up capital. Since the company's paid-up capital is Rs. 33.59 crores, the bonus shares are worth Rs. 2,35,14,855 and the cash dividend is worth Rs. 12,27,623.95.

Mangsir 25 is the book closure date. Thus, shareholders maintained till today are entitled to the dividend payout and can also attend the AGM.