Kalinchowk Darshan Limited (KDL), one of Nepal’s emerging tourism and infrastructure companies, has officially announced that it will be holding its 11th Annual General Meeting (AGM) on 15th Poush, 2082. The meeting is scheduled to take place at Badrinath Hotel, Pingalasthan, Gaushala, Kathmandu, beginning at 11:30 AM. The AGM is expected to gather shareholders, company representatives, and stakeholders to review the company’s performance, endorse major financial decisions, and outline future strategies for sustainable growth.
Dividend Announcement: A 5.2632% Payout for Shareholders by Kalinchowk Darshan Limited
One of the key highlights of this year’s AGM is the proposal and likely endorsement of a 5.2632% dividend for shareholders for the fiscal year 2081/82. This dividend decision stems from a board meeting held on 10th Mangsir, during which the directors unanimously agreed to reward shareholders through a combination of bonus shares and cash dividends.
The proposed distribution includes 5% bonus shares, equivalent to Rs. 3 Crores, which will be allotted from the company’s existing paid-up capital of Rs. 60 Crores. Additionally, the company has proposed 0.2632% cash dividends, amounting to approximately Rs. 15.78 Lakhs, mainly allocated to cover the tax obligations arising from the issuance of bonus shares. This blend of bonus shares and cash dividends reflects the company’s commitment to balancing reinvestment in growth with shareholder returns.
Review of Financial Performance and Auditor Reports
Beyond the dividend proposal, the AGM will also focus on reviewing and endorsing the auditor’s report for the fiscal year 2081/82. This includes an in-depth analysis of the company’s profit and loss statements, financial reports, and cash flow statements, key indicators of KDL’s financial stability and operational trajectory over the past year.
The AGM will assess how well the company has performed amid economic fluctuations, sector-specific challenges, and evolving tourism trends. The discussion will also serve as a platform for shareholders to gain insights into how the company is navigating post-pandemic recovery, improving service delivery, and planning future expansions, particularly in the tourism infrastructure segment.
Appointment of Auditor for FY 2082/83
In line with regulatory requirements and good governance practices, the AGM will appoint a new auditor for the upcoming fiscal year 2082/83. The appointment aims to ensure transparency, accountability, and accuracy in KDL’s financial reporting. Shareholders will vote on the proposed auditor, emphasizing the company’s commitment to maintaining high standards of corporate governance.
Another important agenda of the meeting includes the approval of the appointment of the Board of Directors, a decision crucial to guiding the company’s long-term vision. The board’s leadership will play a vital role in shaping the future of KDL, especially as it continues to expand its footprint in Nepal’s tourism sector. Strategic planning, infrastructure development, and customer experience enhancement are expected to remain major priorities for the company in the coming years.
Book Closure Date and Eligibility for Dividend
Kalinchowk Darshan Limited has announced that the book closure date is set from 1st Poush, meaning only those shareholders who maintained their shareholdings before Poush 1 will be eligible for both the dividend payout and participation in the 11th AGM. This announcement provides clarity for investors ahead of the scheduled meeting and ensures that all eligible members can exercise their voting rights and engage in key discussions.
As KDL prepares for its 11th AGM, the company aims to reinforce investor confidence through transparent communication, responsible financial management, and measurable performance outcomes. The meeting is expected to serve not only as an opportunity to reflect on the achievements of the past fiscal year but also as a platform to discuss future prospects, operational improvements, and expansion plans.
With the tourism sector gradually regaining momentum, Kalinchowk Darshan Limited’s commitment to shareholders, coupled with its focus on sustainable development, positions the company for continued growth in the years ahead.
