Shivam Cements Limited (SHIVM) has announced a 9% dividend including bonus shares and cash for the fiscal year 2080/81 and has called its Annual General Meeting (AGM) for Poush 29, 2081.
Dividend Details:
- Bonus Shares: 8.55% of the dividend will be distributed as bonus shares on the paid-up capital, valued at Rs. 42.98 Crores.
- Cash Dividend: 0.45% (for tax purposes) of the dividend will be distributed in cash, worth Rs. 2.26 Crores.
- Paid-Up Capital: Rs. 5.02 Arba.
Important Dates:
- Book Closure Date: Poush 17, 2081.
Shareholders maintaining their shares until Poush 16 will be eligible for the dividend and can attend the AGM.
The 133rd board meeting held on Mangsir 27, 2081, finalized this proposal, which is subject to approval at the AGM.
Dividend History of Shivam Cements:
| S. No. | Bonus Dividend (%) | Cash Dividend (%) | Total Dividend (%) | Announcement Date | Book Closure Date | Distribution Date | Bonus Listing Date | Fiscal Year |
|---|---|---|---|---|---|---|---|---|
| 1 | 8.55 | 0.45 | 9.00 | 2024-12-16 | – | – | – | 2080/2081 |
| 2 | 14.25 | 0.75 | 15.00 | 2023-12-19 | 2024-01-04 [Closed] | – | 2024-02-25 | 2079/2080 |
| 3 | 0.00 | 10.53 | 10.53 | 2022-12-15 | 2023-01-04 [Closed] | – | – | 2078/2079 |
| 4 | 0.00 | 29.00 | 29.00 | 2021-10-10 | 2021-10-25 [Closed] | – | – | 2077/2078 |
| 5 | 0.00 | 24.21 | 24.21 | 2020-10-15 | 2020-10-29 [Closed] | – | – | 2076/2077 |
| 6 | 0.00 | 15.78 | 15.78 | 2019-10-01 | 2019-10-16 [Closed] | – | – | 2075/2076 |
| 7 | 0.00 | 15.78 | 15.78 | 2019-04-24 | 2019-04-09 [Closed] | – | – | 2074/2075 |
About Company:
Shivam Cement, established in 2003, started production in 2011 as Nepal’s largest Greenfield project, producing 3,000 TPD cement and 1,900 TPD clinker from its limestone quarries. Converted to a public company in 2015, it aims to deliver high-quality OPC cement, reducing reliance on imports and boosting Nepal’s economy. With a skilled workforce and superior resources, it is a market leader focused on quality and customer satisfaction.
Vision: To be Nepal’s leading and most respected cement company, contributing to nation-building.
Mission: To lead with quality, ensure employee and community welfare, and create value for the nation.