Reminder! Last Day to Grab Dividend Proposed by These Six Companies

Today is the last day to grab dividends proposed by Nepal Doorsanchar Company Limited (NTC), Butwal Power Company Limited (BPCL), Siddhartha Insurance Limited (SIL), Himalayan Bank Limited (HBL), Nabil Bank Limited (NABIL) and Mahalaxmi Bikas Bank Limited (MLBL).

Nepal Doorsanchar Company Limited (NTC) has called its 15th AGM on Poush 28, 2079. The AGM will be held at Rashtriya Sabha Ghriya, Bhrikutimandap, Kathmandu from 10 AM.

Among the other agendas, the AGM will endorse a cash dividend of Rs 40 per share, from the net profit of FY 2078/79. The meeting will also endorse the auditor's report with PL statements, financial reports, and cash flow reports and appoint an auditor for the fiscal year 2078/79 and 2079/80.

Butwal Power Company Limited (BPCL) has called its 30th AGM on Poush 30, i.e. January 14. The meeting will be organized in Karki Banquet, Kathmandu, starting from 11 am that day.

Among other agendas, the AGM will endorse the dividend of 12.5 percent for the fiscal year 2078/79. The meeting of the board of directors held on Poush 7 decided to distribute 5% of the paid-up capital as bonus shares for the fiscal year 2078/79. The company is issuing bonus shares to the shareholders in order to increase the current paid-up capital from Rs. 3.24 Arba to Rs. 3.40 Arba. On the other hand, the company has also proposed a 7.5% cash dividend (including tax) for the Fiscal Year 2078/79.

Siddhartha Insurance Limited (SIL) has called its 21st AGM on 29th Poush, 2079. The meeting will be held in the Bhrikuti Mandap, Nepal Tourism Board, Kathmandu. The AGM will commence at 11 am that day.

Among other agendas, the AGM will endorse the 9.4737% dividend for the fiscal year 2078/79. The meeting of the board of directors held on Poush 7 has proposed a 9% bonus shares and 0.4737 % cash dividend (for tax purposes) from the paid-up capital for the fiscal year 2078/79. The dividend will be distributed from the paid-up capital of Rs. 1.28 Arba. Thus, the bonus shares amounting to Rs. 11.59 crores and cash dividends amounting to Rs. 61.01 Lakh will be distributed.

Himalayan Bank Limited (HBL) has called its 30th AGM on 28th Poush, 2079. The meeting will be held in the Hotel Soaltee, Soltimode, Kathmandu, starting at 11 am that day.

Among the other agendas, the AGM will endorse a 19.11% dividend for FY 2078/79. The 427th board of directors meeting on Poush 05 decided to distribute the dividend on the paid-up capital. 11.11% bonus shares and 8% cash dividends have been proposed. 

Nabil Bank Limited (NABIL) has called its 38th AGM on 29th Poush, 2079. The meeting will be held in the Silver Oak Banquet, Gairidhara, Kathmandu, starting at 10 AM that day.

Among the other agendas, the AGM will endorse a 30% dividend for FY 2078/79. The board of directors meeting on Mangsir 25 decided to distribute the dividend on the paid-up capital of Rs. 22.83 Arba. 18.50% bonus shares worth Rs 4.22 Arba and 11.5% cash dividend (including bonus shares tax purposes) worth Rs 2.61 Arba have been proposed.

Mahalaxmi Bikas Bank Limited (MLBL) has called its 21st AGM on 29th Poush, 2079. The meeting will be held in Nepal Stock Compound, Lainchaur Banquet, Kathmandu, starting from 10 AM that day.

Among the other agendas, the AGM will endorse 10.47% for the Fiscal Year 2078/79. The 548th meeting of the board of directors of Mahalaxmi Bikas Bank Limited (MLBL) held on Poush 01 decided to distribute the dividend of 10.47% of the Fiscal Year 2078/79. Likewise, a Cash Dividend of 6.47% and Bonus Shares of 4% have been proposed from the paid-up capital of Rs. 4.01 Arba.

Poush 18 is the book closure date for all six companies. Thus, shareholders maintained till today are entitled to the dividend payout and can also attend the respective AGMs.