Share MarketLast Chance to Grab Dividend Proposed by These 2 Companies

Last Chance to Grab Dividend Proposed by These 2 Companies

Wednesday is the last day to secure the dividends of two companies listed on the Nepal Stock Exchange (NEPSE).

For the purpose of AGM and dividend distribution, Shree Investment and Finance Company and Guheshwari Merchant Banking and Finance Limited are closing the book tomorrow (Poush 22), Thursday. Therefore, the existing shareholders who have purchase the share in Nepse till today will be able to receive the dividends distributed by these companies and participate in the general meetings of these companies.

Shree Investment and Finance (SIFC) has convened its 27th Annual General Meeting on Poush 29 at 11 am at the company’s registered office in Dilli Bazaar, Kathmandu.

The meeting will pass the proposed 7.70 percent bonus share and 3.30 percent cash dividend from the last fiscal year’s profit.

Similarly, Guheshwari Merchant Banking and Finance Limited (GMFIL) has convened its twentieth annual general meeting on Poush 29 at Guheshwari Bhawan, Harihar Bhawan, Lalitpur. The meeting will start at 11 am.

The meeting will pass 10 percent bonus share of the existing paid up capital and 0.5263 percent cash dividend for tax purposes.

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