The AGM of Ru Ru Jalvidut Pariyojana Limited (RURU) has been scheduled for Ashoj 16. It is anticipated that the meeting will begin at 11 a.m. on that day, virtually.
The meeting will also vote on whether or not to approve the dividend requested by the corporation, among other items on the agenda. The board of directors, in its meeting on Bhadra 01, proposed a cash dividend of 10.5263 percent (together with the applicable tax amount on dividend) for the fiscal year 2076/77. While this is happening, the corporation has proposed a 10 percent bonus share and a 0.5263 percent cash dividend (to account for tax on bonus shares) for the fiscal year 2077/78. The plan will be approved at the company’s annual general meeting on March 15th and 16th.
Furthermore, at the AGM, a board member representing public investors will be elected, as well as five board members representing the promoters.
The book will be closed on the 7th of Ashoj. As a result, shareholders who have held their shares up to the present day are eligible for the dividend payout and can also attend the AGM. As of this writing, RURU’s LTP is at Rs. 1,227.