Kalinchowk Darshan Calls 11th AGM to Endorse 5.26% Dividend

Kathmandu, Mangsir 27. Kalinchowk Darshan Limited (KDL) has convened its 11th Annual General Meeting (AGM) on 15th Poush, 2082. The meeting will be held at Badrinath Hotel in Pingalasthan, Gaushala, Kathmandu, starting at 11:30 AM.

A key agenda for the shareholders' meeting is the endorsement of a 5.2632% dividend for the fiscal year 2081/82. The Board of Directors, in a meeting held on Mangsir 10, proposed the payout based on the company's existing paid-up capital of Rs. 60 Crores. The dividend comprises:

  • A 5% bonus share (worth Rs. 3 Crores)
  • A 0.2632% cash dividend for tax purposes (worth Rs. 15.78 lakhs)

Other AGM Agendas:
The meeting will also address several standard corporate matters, including:

  • Endorsement of the auditor's report along with the Profit & Loss statements, financial reports, and cash flow reports for FY 2081/82.
  • Appointment of an auditor for the upcoming fiscal year 2082/83.
  • Approval of the appointment of the board of directors.

Eligibility and Book Closure:
The book closure date is set from Poush 1, 2082. Shareholders registered in the company's records before this date will be entitled to receive the proposed dividend and are eligible to attend and vote at the AGM.

The AGM's approval is the final step required for the distribution of this dividend, which aims to reward shareholders through both capital growth and a cash return.

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