Shivam Cements Approves 9% Dividend at Annual General Meeting
Wed, Jan 15, 2025 9:48 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Corporate,
Shivam Cements Limited, during its AGM in Kathmandu, approved a 9% dividend, comprising an 8.55% bonus share and a 0.45% cash dividend for tax purposes, based on its Rs. 5.02 Arba paid-up capital.
Chaired by Chairman Gaurav Goyal, the meeting endorsed the Annual Progress Report, an auditor’s Report, and appointed auditors for FY 2081/82.
Post-bonus distribution, the paid-up capital will rise to NPR 5.45 Arba. The AGM highlighted the company’s focus on shareholder value and future growth plans.
