Today is the Last Day to Secure Dividend of Hathway Investment Nepal

Today (Bhadra 12) is the final day for shareholders of Hathway Investment Nepal Limited to secure the upcoming dividend. The company will close its book for one day tomorrow (Bhadra 13), meaning only those investors holding shares until today will be eligible for the dividend.

The company has called its 17th Annual General Meeting (AGM) on Bhadra 25 at 10:00 AM at Amrapali Banquet, Baluwatar, Kathmandu.

The AGM will endorse a proposal to distribute a 12% bonus share and 0.632% cash dividend (for tax purposes) from the paid-up capital.

In addition, the meeting will discuss and approve last fiscal year’s financial statements, appoint an auditor for the current fiscal year and fix remuneration, elect four directors from promoter group “A”, and approve the appointment of an independent director.

The AGM will also pass a proposal to authorize the board of directors to increase the company’s authorized, issued, and paid-up capital, as well as amend the company’s Memorandum and Articles of Association.