Sarbottam Cement Proposes 15 Percent Dividend
April 3, 2024 | Investopaper
Sarbottam Cement Limited (SARBTM) 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 Chaitra 20, 2080 BS has proposed a 15 percent dividend to the shareholders. The total dividend will be in the form of cash.
As of Ashad’s end 2080 BS, the company has a paid-up capital of Rs 4.65 Arba. At this capital, the total dividend amounts to Rs 69.75 crores.
The dividend is subject to approval from its upcoming Annual General Meeting (AGM).
About Sarbottam Cement Limited
Sarbottam Cement Limited was established in October 2010 as a private limited company. Later in July 2019, it was transformed into a public company in order to issue shares to the general public.
The company produces and sells clinker and cement, mainly OPC and PPC cement under the brand “Sarbottam”. The production capacity of the company is approximately 1 million metric tons per annum (MTPA) for both clinker and grinding.
Sarbottam Cement is promoted by Saurabh Group, a prominent business house of Nepal.
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