Salt Trading Corporation (STC) Calls 56th AGM on Chaitra 10 to Endorse 15% Dividend; When's the Book Closure?

Salt Trading Corporation Limited (STC) has called its 56th AGM on 10th Chaitra, 2079. The meeting will be held in Tribhuvan Army Officer's Club, Bhadrakali, Kathmandu, starting from 12:15 PM that day.

Among the other agendas, the AGM will endorse a 15% dividend from the profits of FY 78/79 for shareholders. The BOD meeting held on Poush 28, 2079 proposed a 10% bonus shares and a 5% cash dividend (including tax amount) from the profits of FY 78/79. The current paid-up capital of the company is Rs. 253,531,200. Thus, the bonus shares are a little over Rs. 2.53 crores and the cash dividend is worth a little over Rs. 1.26 crores.

The meeting will also elect 7 directors from the public shareholding group.

The book closure date is from Falgun 26 to Chaitra 10. Therefore, the shareholders maintained before that day are entitled to dividend payout and can attend this AGM.

AGM Notice