Last Day to Secure Dividends from Three Companies

Today marks the final day to secure dividends from Surya Jyoti Life Insurance, NRNA Infrastructure and Development, and First Microfinance Laghubitta Financial Institution.

Surya Jyoti and NRNA will close their books tomorrow, i.e., December 6, for dividend distribution and annual general meeting (AGM) purposes, while First Microfinance will do so on Sunday, December 8. Therefore, shareholders who purchase shares of these companies on or before today will be eligible to participate in their AGMs and receive dividends.

Details of AGMs and Dividend Proposals

Surya Jyoti Life Insurance (SJLIC)

• AGM Date: Saturday, December 21, 10:00 AM

• Venue: Big Hotel, Biratnagar

• Key Proposals:

  • Distribution of a 20% cash dividend (including tax).

  • Approval of appointments for vacant board positions from promoter shareholders.

  • Appointment of auditors.

  • Other general resolutions.

NRNA Infrastructure and Development (NRN)

• AGM Date: Friday, December 27, 9:00 AM

• Venue: Amrapali Banquet, Thirbam, Kathmandu

• Key Proposals:

  • Distribution of 5% bonus shares.

  • Issuance of rights shares at a 1:1 ratio after bonus distribution.

  • Discussion on increasing paid-up capital.

First Microfinance Laghubitta Financial Institution (FMDBL)

• AGM Date: Thursday, December 26, 10:00 AM

• Venue: Amrapali Banquet, Bhatbhateni, Kathmandu

• Key Proposals:

  • Distribution of 9% bonus shares and 0.47% cash dividend for tax purposes.

  • Authorization for merger and acquisition activities.

  • Amendment of the memorandum and articles of association.

  • Election of three directors from general shareholders.