Introduction: Dividend Announcement and Upcoming AGM

Himalayan Distillery Limited (HDL) has announced a proposed 25% dividend for the fiscal year 2081/82 and has scheduled its 25th Annual General Meeting (AGM) for Kartik 30, 2082. The proposal reflects the company’s strong financial performance and commitment to rewarding shareholders.

Dividend and Share Details

The board of directors’ meeting, held on 30th Ashwin, 2082, proposed the following:

• Total Dividend: 25% of profits after FY 2081/82
• Paid-up Capital: Rs. 3.07 Arba
• Distribution:
  • 20% Bonus Shares
  • 5% Cash Dividend (inclusive of tax)

This combination of bonus shares and cash dividend provides shareholders with both immediate returns and additional equity in the company.

Book Closure and Shareholder Eligibility

The book closure date for the proposed dividend and AGM is set for 20th Kartik, 2082. Shareholders whose names are maintained up to 19th Kartik are entitled to:

• Receive the dividend payout
• Attend and vote at the 25th AGM

Conclusion: Rewarding Shareholders and Corporate Governance

The proposed 25% dividend, including bonus shares, demonstrates HDL’s profitability and commitment to shareholder value. The scheduled AGM provides shareholders with an opportunity to review financial reports, approve dividend distributions, and participate in key corporate decisions.

HDL continues to maintain transparent governance and ensures that shareholders benefit directly from the company’s sustained growth and performance in the distillery sector.