Shivam Cements Limited (SHIVM) has announced that its 10th Annual General Meeting (AGM) will be held on 25th Mangsir, 2082, at the Rastriya Sabha Griha, Pradarshani Marg, Kathmandu, starting at 10:30 AM.

12.5% Dividend Proposed for FY 2081/82

A major agenda of the AGM is the approval of a 12.5% dividend for the fiscal year 2081/82, as proposed in the 142nd board meeting held on Kartik 30.

The proposed dividend includes:

• 2.5% Bonus Shares
  • Worth Rs. 13.64 Crores
• 10% Cash Dividend (for tax purposes)
  • Worth Rs. 54.56 Crores

Shivam Cement’s current paid-up capital stands at Rs. 5.45 Arba.

Additional AGM Agendas

The AGM will also include:

• Endorsement of the auditor’s report, along with
  • Profit & loss statements
  • Financial reports
  • Cash flow reports
• Appointment of an auditor for FY 2082/83

Book Closure Date

The company has announced the book closure date as Mangsir 11.
Shareholders who maintain their holdings before this date will be:

• Eligible for the dividend distribution
• Allowed to participate in the 10th AGM