Reliance Spinning Mills Limited Proposes 30% Cash Dividend for FY 2082/83
Summary
Reliance Spinning Mills Limited has proposed a 30% cash dividend for fiscal year 2082/83, subject to approval at its upcoming AGM in Kathmandu. Shareholders holding shares before the Ashwin 13 book closure date will be eligible to participate and receive the dividend if approved.
Key Points
- Reliance Spinning Mills Limited has proposed a 30% cash dividend for FY 2082/83.
- The proposal was approved at the company’s 422nd Board of Directors meeting and will go to the 32nd AGM on 22nd Ashwin 2083 in Kathmandu.
- The proposed dividend amounts to Rs. 57 crore based on the company’s paid-up capital of Rs. 1.90 Arba.
- Shareholders who hold shares before Ashwin 13 book closure will be eligible for the AGM and the dividend, subject to approval.
