Reminder! Last Trading Day to Secure Ngadi Group Power's Right And National Laghubitta's Dividend

Today is the last trading day in NEPSE to be eligible to get the right shares of Ngadi Group Power Limited (NGPL).

The company will be issuing 100% right shares worth Rs. 1.85 Arba through the issue of 18,512,792 (1: 1) units of right shares to its existing shareholders. The current paid-up capital of Rs. 1.85 Arba. After the adjustment of the proposed right share i.e. 1.85 crore units, the paid-up capital of the company will increase to Rs. 3.7 Arba.

Siddhartha Capital Limited is appointed as the issue manager.

The book closure date is 18th Mangsir. Thus, investors maintained before that day can apply for the shares.

Similarly, Today is the last day to claim the proposed National Laghubitta Bittiya Sanstha Limited (NMFBS) dividend. The company has also called its 11th AGM on 24th Mangsir, 2081. The meeting will be held in Araniko Party Palace, Banepa, Kavrepalanchowk, starting at 11:00 AM that day.

Among the other agendas, the AGM will endorse a 15% dividend for the fiscal year 2080/81. The 179th board of directors meeting on Kartik 8 decided to distribute the dividend on the paid-up capital of Rs. 1.16 Arba. 14.25% bonus shares and 0.75% cash dividend (tax purposes) have been proposed. Thus, the bonus shares are worth Rs. 16.60 crores, and the cash dividend is worth Rs. 87.41 lakhs.

Mangsir 18 is the book closure date. Thus, shareholders who have maintained their shares until today are entitled to the dividend payout and can attend the AGM.

As of writing, NMFBS has an LTP of Rs. 1,588.00.