Kathmandu. Muktinath Agriculture Company Limited is going to issue right shares after the bonus share distribution.

The company’s board meeting held on October 9 has decided to distribute 8.42 percent bonus shares and 0.42 percent cash dividend on its paid-up capital. After the bonus share distribution, the company has announced to issue 60% right shares of its paid-up capital.

The meeting of the Board of Directors of the company held on October 10 has decided to distribute dividend at this rate and issue right shares. The company has also decided to call its 7th Annual General Meeting (AGM) on November 7 at the Silver Walk Banquet in Kathmandu to endorse the proposals.

The company will close its book on October 30 for the purpose of the AGM and dividend distribution. As per the agreement, the shareholders who have been traded in NEPSE till October 29 will be able to participate in the AGM of the company and receive the dividend to be distributed by the company.