The company has announced a 20% bonus share and 1.05% cash dividend, alongside a rights issue and AGM schedule.

Nepal Lube Oil Limited has declared a dividend from the profit of the last fiscal year, proposing to distribute 20 percent bonus shares to its shareholders. To approve this proposal, the company has scheduled its 34th Annual General Meeting (AGM) on Ashwin 31 at 11:30 AM at The Plaza, Pulchowk, Lalitpur.

In addition to the bonus shares, the AGM will also approve the distribution of 1.05264 percent cash dividend for tax purposes. The meeting will further endorse the issuance of 200 percent rights shares, amendments to the company’s Memorandum and Articles of Association, and the appointment of directors representing public shareholders.

For the purpose of dividend distribution and AGM participation, the company has announced a book closure period from Ashwin 12 to Ashwin 31. Shareholders listed in trading on NEPSE up to Ashwin 9 will be eligible to attend the AGM and receive the announced dividend.

This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.