Sabaiko Laghubitta Calls 6th AGM on Falgun 26 to Endorse 18.95% Dividend for FY 2078/79
Wed, Feb 15, 2023 10:37 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) has called its 6th AGM on 26th Falgun, 2079. The meeting will be held in Marsyangdi River View Resort, Bandipur, starting at 10 am that day.
Among the other agendas, the AGM will endorse an 18.95% dividend worth Rs. 5.11 Crores for the fiscal year 2078/79. The board of directors meeting held on Magh 11 decided to distribute the dividend on the paid-up capital of Rs. 27 Crores. 18% bonus shares and 0.95% cash dividend (tax purposes) have been proposed. Thus, the bonus shares are a little over Rs. 4.86 crores and the cash dividend is worth a little over Rs. 25.57 lakhs.
Furthermore, there is an agenda to endorse the auditor's report with PL statements, financial reports, and cash flow reports for FY 2078/79 and appoint an auditor for the fiscal year 2079/80. The proposal to provide the BoDs authority to oversee any company-related merger or acquisition procedures will be approved during the meeting.
The book closure date is on Falgun 14. Therefore, the shareholders maintained before that day are entitled to dividend payout and can attend this AGM.
