Sarbottam Cement Proposes 10% Dividend for FY 2080/81; AGM To Be Convened on Poush 26
Thu, Dec 19, 2024 10:21 AM on Dividend, Bonus & Rights, Highlight News, AGM/Special AGM, Book Closure, NEPSE News,
Sarbottam Cement Limited (SARBTM) proposes a 10% dividend for FY 2080/81 and has called the 6th AGM on Poush 26, 2081. The meeting will be held at 11 AM that day in the Hotel Vilasa, Bhairahawa, Rupandehi.
The meeting of the board of directors has proposed a 10% dividend for the fiscal year 2080/81. A 3% cash dividend worth Rs. 13.95 Crores (including tax) and 7% bonus shares worth Rs. 32.55 crores have been proposed. The company's existing paid-up capital is Rs. 4.65 Arba.
The book closure date is on Poush 12. Thus, investors maintained before that date are entitled to the dividend payout and can also attend the AGM. SARBTM closed at Rs. 759.80.
The company had provided a 15% cash dividend for the previous fiscal year 2079/80.