Gurans Laghubitta's Proposed Dividend Available to Shareholders Buying Until Today, AGM on Kartik 10
Gurans Laghubitta Bittiya Sanstha has proposed a total 10 percent dividend for fiscal year 2082/83, comprising 9.5 percent bonus shares and 0.5 percent cash dividend. With the book closure set for Ashoj 28, only shareholders on record until today, Ashoj 27, will be eligible for the dividend and the meeting. The company's 11th Annual General Meeting will be held on Kartik 10 in Dhankuta.
Kathmandu. Investors buying shares of Gurans Laghubitta Bittiya Sanstha until today, Ashoj 27, will be eligible for the proposed dividend. The institution has decided to close its books tomorrow, Ashoj 28, for dividend and meeting purposes. This means only shareholders on record until today will be eligible to receive the dividend and participate in the meeting.
The company has proposed a total 10 percent dividend on its current paid-up capital for the last fiscal year 2082/83. This includes 9.5 percent bonus shares and 0.5 percent cash dividend for tax purposes.
To approve the proposal, the institution has decided to hold its 11th Annual General Meeting on the upcoming Kartik 10. The meeting will begin at 9 AM at Hile Kanjirowa Makalu Hotel in Dhankuta Municipality.
The same meeting will pass a special resolution to amend the memorandum of association in line with the increase in issued and paid-up capital following the distribution of bonus shares. The meeting will also approve a special resolution authorizing the board of directors to make any changes as directed or suggested by regulatory bodies while amending the memorandum.
The meeting will approve the annual and auditor's report for the last fiscal year, as well as pass a resolution regarding the appointment of an auditor and determination of their remuneration for the current fiscal year 2083/84.