KATHMANDU, Dec 16: Chandragiri Hills has announced that it will hold its 16th Annual General Meeting (AGM) on Jan 7 to approve the distribution of dividends from last fiscal year’s profits to shareholders.
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For the AGM, the book closure date has been set as Dec 26. The meeting will propose a 5 percent bonus share along with a cash dividend of 0.2632 percent for tax purposes.
Following the bonus share distribution, the company plans to issue right shares equivalent to 100 percent of the paid-up capital. The proposal for the right share issuance will be presented at the AGM.
