Skip to content
|Loading...
Share Gyan home
EBook

RSML Announces 30% Cash Dividend for Shareholders

Reliance Spinning Mills Limited (RSML) has proposed a 30% cash dividend, including tax, from its profit for FY 2082/83.

Published By Share Gyan
RSML Announces 30% Cash Dividend for Shareholders

Reliance Spinning Mills Limited (RSML) has announced a 30% cash dividend, including tax, for its shareholders from the profit earned during FY 2082/83. The company’s Board of Directors approved the dividend proposal at its meeting held on Bhadra 29, 2083. The proposed dividend will be presented for approval at the company’s 32nd Annual General Meeting (AGM), scheduled for Ashoj 22, 2083 (October 8, 2026) at Anupam Foodland & Banquet, Battisputali, Kathmandu, starting at 9:00 AM. For the AGM and dividend distribution, RSML has fixed Ashoj 14, 2083 (October 1, 2026) as the book closure date. Therefore, shareholders who hold the company’s shares until Ashoj 13 (September 30, 2026) will be eligible to receive the proposed dividend and participate in the AGM.

Related News

Gold Price Plunges by Rs. 5,900 Per Tola on Dhanteras; Silver Also Declines

Gold and silver prices recorded a sharp decline in the Nepali market on Friday, Kartik 20, coinciding with Dhanteras. Gold fell by Rs. 5,900 per tola to Rs. 283,000, while silver dropped by Rs. 110 per tola.

Nepal's VAT Collection Exceeds Target as Consumer Reward Scheme Boosts Tax Compliance

Nepal's VAT collection exceeded its first-quarter target in FY 2083/84, reaching Rs. 41.04 billion, up 10% compared to the same period last year. The increase comes after the Inland Revenue Department introduced a consumer reward scheme encouraging people to demand bills when making purchases.

Nepal Estimates $5 Billion Needed for Reconstruction After Bhotekoshi-Trishuli Disasters

Finance Minister Dr. Swarnim Wagle has estimated that Nepal will require approximately $4.7 billion to $5 billion for reconstruction following the disasters in the Bhotekoshi and Trishuli regions. The government is preparing a phased financing plan, including financial support from India, China, the World Bank and the Asian Development Bank (ADB).

Maya Khola Hydropower's Net Profit Surges 124.52% to Rs 6.38 Crore in Q1

Maya Khola Hydropower Company Limited (MKHC) has reported a 124.52 percent increase in net profit, earning Rs 6.38 crore in the first quarter of FY 2083/84, compared to Rs 2.84 crore in the same period last year. Higher electricity sales revenue and lower interest expenses supported the company's improved profitability.

Khani Khola Hydropower Turns Profitable, Reports Rs 3.65 Crore Net Profit in Q1

Khani Khola Hydropower Company Limited (KKHC) has made a remarkable financial turnaround, reporting a net profit of Rs 3.65 crore in the first quarter of FY 2083/84, compared to a net loss of Rs 1.89 crore in the same period last year.

Kalinchowk Darshan Reports Higher Quarterly Loss as Flood Disrupts Tourism

Kalinchowk Darshan Limited (KDL) reported a net loss of Rs 4.596 million in the first quarter of FY 2083/84, up from Rs 3.386 million in the same period last year. The decline was largely attributed to the devastating Bhotekoshi floods, which disrupted road access and reduced tourist arrivals.

Companies in This News