Nepal Lube Oil Limited Proposes 15% Bonus Shares and 6.05264% Cash Dividend; Calls AGM on Ashwin 19
Summary
Nepal Lube Oil Limited has proposed a 21.05264% dividend for FY 2081/82, including 15% bonus shares and 6.05264% cash dividend, subject to approval at its 35th AGM on Ashwin 19 in Lalitpur. The meeting will also consider financial statements, subsidiary reports, and a proposed 1:2 rights share issue.
Key Points
- Nepal Lube Oil Limited has proposed a total 21.05264% dividend for FY 2081/82, split between 15% bonus shares and 6.05264% cash dividend.
- The company has called its 35th AGM for Ashwin 19, 2083 at The Plaza, Pulchowk, Lalitpur.
- The AGM will review financial statements, annual reports, auditor’s reports, and consolidated statements of subsidiaries NLOL Energy Ltd. and NLOL Synergy Ltd.
- Shareholders will also consider a proposed 1:2 rights share issue, which has been submitted to SEBON for approval.
