Nepal Telecom Limited (NTC) is going to distribute bonus shares for the first time. The company proposed bonuses and cash dividends.
The company has convened its fourteenth annual general meeting on chaitra 24 to approve a proposal to distribute 20 percent bonus share of the existing paid-up capital and a cash dividend of Rs 20 per share (including tax). The meeting will start at 11 am at Tribhuvan Army Officers Club, Tundikhel.
The company is going to close the book for the general meeting from chaitra 11 to chaitra 23. Accordingly, the existing shareholders who have been traded on Nepse till chaitra 10 will be able to receive the dividend and also participate in the general meeting of the company.