Last Trading Day to Secure Dividends from Five Companies
Today is the final opportunity for shareholders to purchase shares and qualify for dividends proposed by Shangri-la Development Bank, Snow Rivers Limited, Citizens Capital Limited, Citizens Super 30 Mutual Fund, and Nabil Investment Banking Limited. The book closure date for all is Ashwin 08, 2083.
Kathmandu – Today marks the last trading day for investors to secure dividends proposed by five companies: Shangri-la Development Bank Limited (SADBL), Snow Rivers Limited (SNORL), Citizens Capital Limited (CBIL), Citizens Super 30 Mutual Fund (C30MF), and Nabil Investment Banking Limited (NABILINV). The book closure date for all is Ashwin 08, 2083, meaning shareholders must hold shares by today to be eligible for the proposed dividends and to attend the respective annual general meetings (AGMs).
Shangri-la Development Bank Limited (SADBL) has proposed a 10.5263% dividend for the fiscal year 2082/83, comprising 4% bonus shares and 6.5263% cash dividend (for tax purposes). The dividend is based on the paid-up capital of Rs. 3.73 Arba, amounting to Rs. 39.30 crores. The bonus shares are worth slightly over Rs. 14.93 crores, while the cash dividend is Rs. 24.36 crores. The 22nd AGM will be held on Ashwin 22, 2083, at Lisara Reception, Gairidhara, Lalitpur, starting at 10:00 AM. Agendas include endorsing the auditor's report with PL statements, financial reports, and cash flow reports for FY 2082/83, and appointing an auditor for FY 2083/84.
Snow Rivers Limited (SNORL) has proposed a 10.5263% dividend for FY 2082/83, consisting of 10% bonus shares and 0.5263% cash dividend (for tax purposes). The dividend is based on the paid-up capital of Rs. 93.75 Crores, with bonus shares worth slightly over Rs. 9.37 crores. The 5th AGM will be held on Ashwin 19, 2083, at Lisara Reception, Gairidhara, Lalitpur, starting at 8:30 AM. Agendas include endorsing the auditor's report with PL statements, financial reports, and cash flow reports for FY 2082/83, appointing an auditor for FY 2083/84, and electing one director to represent the public shareholders’ group.
Citizens Capital Limited (CBIL) has proposed a 13% cash dividend worth Rs. 2.60 crores for FY 2082/83. The dividend is based on the paid-up capital of Rs. 3.73 Arba. The 20th AGM will be held on Ashwin 22, 2083, at the company's registered office in Dillibazar, Kathmandu, starting at 11:00 AM. Agendas include endorsing the auditor's report with PL statements, financial reports, and cash flow reports for FY 2082/83, and appointing an auditor for FY 2083/84.
Citizens Super 30 Mutual Fund (C30MF) has proposed a 5.25% cash dividend (including tax) for FY 2082/83. The fund is a closed-ended mutual fund with a 10-year maturity, sponsored by Citizens Bank International Limited and managed by Citizens Capital Limited. As of Shrawan, the Net Asset Value (NAV) is Rs. 10.60, with a closing price of Rs. 9.76. The book closure date is Ashwin 08, 2083.
Nabil Investment Banking Limited (NABILINV) has called its 17th AGM on Ashwin 20, 2083, at Central Plaza, 3rd Floor. Details of the dividend proposal were not provided in the original announcement, but the book closure date remains Ashwin 08, 2083.
Shareholders who maintained their holdings on the book closure date are entitled to the dividend payouts and can attend the respective AGMs.