NRN Infrastructure (NRN) proposes a dividend of 5.26 percent.

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Poush 29, NRN Infrastructure and Development Limited (NRN) will have its 9th General Meeting.

For fiscal year 2077/78, the business has recommended a dividend of 5.26 percent. The board of directors decided to disburse the dividend the -up capital at their meeting February 2nd. There has been a for a 5% bonus share worth somewhat more than Rs 5.82 crores and a 0.26 percent cash dividend (including tax) of Rs 30.65 lakhs.

The dividend will be only if the central bank has approved it and the company’s future AGM has approved it. The book will be closed on the 15th of Poush. As a result, shareholders who held shares prior to that are entitled to a dividend payment and are also welcome to attend the AGM.

For fiscal year 2076/77, the corporation had previously 2.85 percent bonus shares and a 0.15 percent cash dividend. NRN currently has an LTP of 532.

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