Kalinchowk Darshan Limited has proposed a total dividend of 8.9474 percent for the fiscal year 2082/083, based on a decision taken at the 102nd meeting of its Board of Directors held on Bhadra 24, 2083.
According to the proposal, the company will distribute 8.5 percent bonus shares amounting to Rs. 5,35,50,000, along with 0.4474 percent cash dividend (Rs. 25,18,421.05) meant to cover the tax liability arising from the bonus shares. The total dividend amount stands at Rs. 5,63,68,421.05, calculated on the company’s current paid-up capital of Rs. 63,00,00,000.
The proposal will be submitted for approval at the company’s upcoming Annual General Meeting. The company has informed the Nepal Stock Exchange Limited, the Securities Board of Nepal (SEBON), the Office of the Company Registrar (OCR), and CDS and Clearing Limited (CDSC) about the decision, in accordance with the Securities Registration and Issuance Regulations and the Listing Bye-laws.
