KATHMANDU, DECEMBER 22
Himalayan Distillery Limited (HDL) has proposed a 100 per cent dividend for the fiscal year 2077/78.
A meeting of the Board of Directors (BOD) held on Tuesday decided to distribute the dividend. The distillery proposed to pay the dividend on the maintained paid-up capital; 75% bonus shares and 25% cash dividend (including tax).
However, the proposed dividend is subject to endorsement by the company's upcoming AGM.
The company has called its 21st AGM on January 21, 2022 (i.e.Poush 28, 2078).
The book closure date is December 31, 2021 i.e. (Poush 16, 2078). Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend the AGM.
As of Wednesday, HDL has an LTP of Rs. 7,000.
