Kathmandu. ICRA Nepal has decided to provide 47.3114 percent dividend to its investors. The company has declared a cash dividend of 47.3114% to its promoter shareholders from its current paid-up capital.

Similarly, the company has also proposed to seek approval from the AGM to increase the allowance of the meeting of the board of directors. The annual report of the fiscal year 2081÷082 to be presented by the Chairman on behalf of the Board of Directors of the company is also on the agenda of the meeting. Similarly, the financial statement of the fiscal year 2081÷082 along with the auditor’s report is also discussed and approved.

According to Section 111 of the Companies Act, 2006, there is also an agenda to appoint an auditor to audit all the accounts of the company for the fiscal year 2082÷083 and fix his remuneration.

Similarly, the current auditor of the company, PKF TR Upadhyay & Co, is likely to be re-appointed. Similarly, the election of the Board of Directors is also on the agenda as per Rule 27 of the Regulation.