Reminder! Last Day to Grab Dividend Proposed by NIFRA and CHCL

Today is the last day to grab the 4.2105% dividend proposed by Nepal Infrastructure Bank Limited (NIFRA).

The company has called its 5th AGM on 17th Poush, 2080. The meeting will be held in Anupam Foodland, Battisputali, Kathmandu, starting at 9 am that day.

Among the other agendas, the AGM will endorse a 4.2105% cash dividend worth Rs. 90.94 crores for the fiscal year 2079/80. The 134th meeting of the board of directors held on Kartik 20 decided to distribute the dividend on the paid-up capital of Rs. 21.60 Arba. 4.2105% cash dividend (including tax) worth Rs. 90,94,68,000 have been proposed.

The book closure date is on Poush 6. Therefore, the shareholders maintained before that day are entitled to dividend payout and can attend this AGM.

Similarly, Today is the last day to grab the 15% dividend proposed by Chilime Hydropower Company Limited (CHCL).

The company has called its 27th AGM on 20th Poush, 2080. The meeting will be held in Rastriya Sabha Griha, Bhrikutimandap, Kathmandu, starting at 11 am that day.

The 423rd meeting of the board of directors held on Mangsir 22 has also proposed a 15% dividend for the fiscal year 2079/80. 10% bonus shares worth Rs. 72.58 and 5% cash dividends worth Rs. 36.29 Crores each have been proposed. The company's existing paid-up capital is Rs. 7.25 Arba.

The company has declared the book closure for dividends and AGM on Poush 08. Thus, investors maintained before that date are entitled to the dividend and can also attend the AGM.