Snow Rivers Limited Calls AGM; Proposes 10.5263% Dividend To Its Shareholders
Summary
Snow Rivers Limited has called its 5th Annual General Meeting on 21st Ashwin, 2083 in Kathmandu and proposed a 10% bonus share issue along with a 0.5263% cash dividend to shareholders. The AGM will also review auditor appointments, director allowances, a loan facility from NMB Bank Limited, and equity investments in hydropower projects.
Key Points
- Snow Rivers Limited will hold its 5th AGM on 21st Ashwin, 2083 at Lisara Receptions, Naxal, Kathmandu.
- Shareholders will consider a 10% bonus share issue worth Rs. 9.375 crores and a 0.5263% cash dividend, including tax.
- The meeting will review financial reports, appoint an auditor for FY 2083/84, and discuss board allowances.
- The AGM will also seek approval for a Loan Against IPO facility from NMB Bank Limited and equity investments in hydropower projects.