Ghorahi Cement Industry Proposes 15 Percent Bonus Share from FY 2079/80

December 24, 2023 | Investopaper

Ghorahi Cement Industry Ltd. (GCIL) has declared a dividend to its shareholders. The dividend announcement is from the fiscal year 2079/80.

The board meeting of the company held on Poush 5, 2080 BS has proposed a 15 percent dividend to the shareholders. The total dividend will be in the form of bonus shares.

As of Ashad’s end 2080 BS, the company has a paid-up capital of Rs 3.97 Arba. At this capital, the total dividend amounts to Rs 59.57 crores.

The dividend is subject to approval from its upcoming Annual General Meeting (AGM).

About Ghorahi Cement Industry

Ghorahi Cement Industry, a subsidiary of Triveni Group in partnership with Vishal Group, was registered in the year 2064 BS. It started commercial production by producing clinker from its own limestone mine in 2069 BS. It currently produces  2 million metric tonnes clinker annually.

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