Bhagwati Hydropower Development and Sanima Bank will hold their Annual General Meetings on Kartik 2, 2082, to approve cash and bonus dividends for shareholders.
Bhagwati Hydropower Development Company Limited and Sanima Bank Limited have both scheduled their Annual General Meetings (AGMs) on Sunday, Kartik 2, 2082, to approve dividend distributions.
Bhagwati Hydropower will hold its 25th AGM at 11:00 AM at Avya Club, Gharipatan, Pokhara. Shareholders will vote on a special proposal to distribute a 14% bonus share and a 6% cash dividend, inclusive of tax. The meeting will also review and approve the Board of Directors’ annual report, auditor’s report, balance sheet, profit and loss statement, and cash flow statement for fiscal year 2081/082. Additionally, shareholders will discuss the appointment and remuneration of auditors for the upcoming fiscal year 2082/083. The company had closed its share register on Ashwin 21, 2082, meaning only shareholders registered by Ashwin 20, 2082, are eligible to attend the AGM and receive dividends.
Sanima Bank will hold its 21st AGM at 10:00 AM at Amrapali Banquet, Bhatbhateni, Kathmandu. The bank will propose a 7.3685% cash dividend, inclusive of tax, and seek approval to issue 8.25% non-convertible preference shares of Sanima Abimocya worth Rs 2 billion at Rs 100 per share. The AGM will also review and approve the Board’s annual report, auditor’s report, profit and loss statement, cash flow statement, and consolidated financial statements of Sanima Capital Limited and Sanima Securities Limited for fiscal year 2081/082. The share register for this AGM was closed on Ashwin 27, 2082, meaning only shareholders registered by Ashwin 26, 2082, are eligible to participate and receive dividends.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
