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Tuesday, September 8, 2009

Unilever to give 450 percent dividend

Nepal Limited had a turnover of Rs.262.58 Cr during F/Y 2065-66 and the Net Profit after Tax for the year was Rs.44.40 Cr. 96th BOD meeting of the company held on 7th Sept 2009 at Head Office, Mumbai, approved the audited annual accounts of the company for F/Y 2065-66 and has recommended distribution of Rs 450 as final dividend per share (Rs. 400 normal dividend + Rs. 50 as commemorative dividend in view of completion of 15 yrs of commercial production by the company at Nepal) out of the profit available for appropriation during the year.

The BOD meeting also approved distribution of Rs. 325 as Interim Dividend per share out of the aforementioned final dividend of Rs. 450 (Rs. 400 + Rs.50) per share for the year 2065-66 post certification of the audited annual accounts for the year by statutory auditors.
Source: NepalStock.com

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