Reminder! Last Trading Day to Secure Dividend Proposed by HEI, ILI and DORDI's Right Share
Tue, Feb 25, 2025 9:30 AM on Dividend, Bonus & Rights, Highlight News, Book Closure,
Today is the last day to grab the dividends proposed by Himalayan Everest Insurance Limited (HEI), IME Life Insurance Company Limited (ILI) and to be eligible to get the right shares of Dordi Khola Hydropower Company Limited (DORDI).
Himalayan Everest Insurance Limited (HEI) has called its 31st AGM on 27th Falgun, 2081. The meeting will be held in the Anmol Banquet, Sankhamul, Kathmandu, starting at 11 AM that day.
Among the other agendas, the AGM will endorse an 8.75% dividend for the fiscal year 2080/81. The 343rd board of directors meeting held on Magh 29 decided to distribute the dividend on the paid-up capital of Rs. 2.50 Arba. An 8.75% cash dividend worth Rs. 21.87 crore has been proposed.
The book closure date is on Falgun 15. Therefore, the shareholders maintained till today are entitled to dividend payout and can attend this AGM.
Likewise, IME Life Insurance Company Limited (ILI) has called its 8th AGM on 25th Falgun, 2081. The meeting will be held in Diyo Mahal, Dhumbarahi, Kathmandu, starting at 11:00 AM that day.
Among the other agendas, the AGM will endorse a 21.05% cash dividend for the fiscal year 2080/81. At the board of directors meeting, the board decided to distribute a 21.05% cash dividend. The cash dividend is worth Rs. 1.05 Arba. The existing paid-up capital of ILI is Rs. 5 Arba.
The book closure date is on Falgun 15. Therefore, the shareholders maintained till today are entitled to dividend payout and can attend this AGM.
Meanwhile, Dordi Khola Hydropower Company Limited (DORDI) will be issuing 100% right shares worth Rs. 1.05 Arba through the issue of 10,542,604 (1: 1) units of right shares to its existing shareholders. The company's current paid-up capital is Rs. 1.05 Arba. After the adjustment of the proposed right share, which is 1.05 crore units, the paid-up capital will increase to Rs. 2.10 Arba.
The book closure date is on Falgun 15. Thus, investors maintained till today can apply for the shares.
