Agricultural Development Bank, Nyadi Group Power, and Barun Hydropower have announced book closure on Mangsir 14 for dividend distribution and AGM purposes, making Mangsir 13 the last day for shareholders to be eligible.
Three companies have set Mangsir 13 as the final date for shareholders to secure dividends. Agricultural Development Bank, Nyadi Group Power, and Barun Hydropower will close their books on Mangsir 14 for the purpose of holding annual general meetings (AGMs) and distributing dividends. Only shareholders recorded by Mangsir 13 will be eligible to receive dividends and participate in the meetings.
Agricultural Development Bank has announced a total dividend of 13 percent for the fiscal year, comprising 3.25 percent bonus shares and 9.75 percent cash dividend including applicable taxes. The bank will hold its 39th Annual General Meeting on Mangsir 29 at 11:00 AM at the Central Training Institute Board of Agricultural Development Bank Limited.
Nyadi Group Power has proposed a total dividend of 5 percent, including 4.75 percent bonus shares and 0.25 percent cash dividend for tax purposes. To approve the dividend, the company will hold its Annual General Meeting on Mangsir 25 at 9:30 AM at Smart Durbar, Shankhpark, Kathmandu.
Similarly, Barun Hydropower has proposed a total dividend of 5 percent for the previous fiscal year, comprising 4.75 percent bonus shares and 0.25 percent cash dividend. The company will conduct its Annual General Meeting on Mangsir 26 at 9:30 AM at Smart Durbar, Shankhpark, Kathmandu, to approve the dividend distribution.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
