Sarbottam Cement Limited Announces Book Closure Date for 20% Dividend; AGM Scheduled for Mangsir 26

Sarbottam Cement Limited (SARBTM) has announced that its 7th Annual General Meeting (AGM) will be held on Mangsir 26, 2082. The meeting is scheduled to take place at Hotel Siddhartha Vilasa in Bhairahawa, Rupandehi, starting at 11:00 AM.

One of the major agendas of the AGM is the endorsement of a 20% dividend for the fiscal year 2081/82. The board of directors has proposed a total dividend of 20%, comprising a 15% cash dividend worth Rs. 74.63 crores (including tax) and a 5% bonus share distribution worth Rs. 24.87 crores. The company's current paid-up capital stands at Rs. 4.97 Arba.

Additionally, the AGM will review and endorse the auditor’s report, profit and loss statement, financial statements, and cash flow report. The meeting will also appoint an auditor for the fiscal year 2082/83.

The company has set Mangsir 12 as the book closure date. Shareholders who hold their shares before this date will be eligible for the dividend distribution and can also participate in the AGM.

Sarbottam Cement is expected to provide updates on its financial performance, strategic plans, and project status during the upcoming AGM.