Shivam Holdings plans to launch an IPO at a premium and declares a cash dividend.
Sep 23
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A 2.50 percent cash dividend has been issued by Shivam Holdings Limited. The company's Board of Directors voted to distribute a 2.50 percent cash dividend from the 4.64 billion in current paid-up capital during their meeting on October 4. However, the firm has proposed a dividend at its general meeting on October 30.
The meeting will begin at ten a.m. in the company's Anamnagar, Kathmandu, office. The meeting will cover a number of topics, including the balance sheet, profit and loss, and the annual report of the board of directors for the fiscal year 2080–81. Appointing an auditor and deciding on compensation for the fiscal year 2081–2082 are also on the agenda.