Cash dividend proposal by Nepal Telecom

Kathmandu, March 3

Nepal Telecom has proposed dividend for the last fiscal year 2076/77.

A meeting of the company’s board of directors held this morning has proposed a cash dividend for the last fiscal year. The company has proposed to distribute cash dividend at the rate of Rs 40 per share to its shareholders from the last fiscal year’s profit.

The Company will request the Government of Nepal to approve the proposed dividend. The company has stated that the cash dividend will be implemented after the approval from the government and the approval from the next annual general meeting.