Shivam Cements Announces 2.5% Bonus Shares and 10% Cash Dividend; AGM Scheduled for December 10

Shivam Cements Limited (SHIVM) has announced the dividend it will distribute to shareholders from the profit of the previous fiscal year. The company has proposed a 2.5% bonus share distribution along with a 10% cash dividend, which also includes the amount required for tax on the bonus shares.

The decision was approved by the company’s Board of Directors meeting held on Kartik 30. The same meeting also decided to convene the company’s Annual General Meeting (AGM) on Mangsir 25 (December 10) at 10:30 AM.

For the purpose of the AGM and dividend distribution, the company has announced a book closure date on Mangsir 11. Shareholders who remain listed on NEPSE up to Mangsir 10 will be eligible to participate in the AGM and receive the declared dividend.

Shivam Cements stated that the dividend proposal reflects the company’s performance in the previous fiscal year and aligns with its plan to strengthen future operations and investor value.