Reliance Spinning Mills Proposes 30% Cash Dividend Worth NPR 570 Million for FY 2082/83

15th September 2026, Kathmandu

Reliance Spinning Mills Limited has announced a 30% cash dividend for its shareholders based on its current paid-up capital.

Reliance Spinning Mills Cash Dividend 

The decision was finalized by the board of directors during its 422nd meeting held on Bhadra 29, 2083.

Along with approving the financial statements for the fiscal year 2082/83, the board recommended distributing a total cash payout of NPR 570 million, which includes applicable tax allocations.

Financial Parameters and Dividend Structure

The cash dividend calculation is structured around the company existing paid-up capital:

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• Current Paid-Up Capital: NPR 1.90 billion
• Dividend Rate: 30% cash dividend
• Total Cash Distribution: NPR 570 million

Per Share Impact: For shares with a face value of NPR 100, the 30% rate corresponds to NPR 30 per share prior to final tax deductions.

32nd Annual General Meeting and Book Closure Schedule

To formalize the dividend distribution and review annual operations, Reliance Spinning Mills has announced the schedule for its 32nd Annual General Meeting:

• Book Closure Date: Ashoj 14, 2083 (Single-day book closure to determine shareholder eligibility)
• AGM Date: Ashoj 22, 2083 (Thursday) at 9:00 AM
• AGM Venue: Anupam Foodland & Banquet, Battisputali, Kathmandu

Regulatory Approvals and Next Steps

The proposed NPR 570 million cash distribution remains subject to formal endorsement. Before the company can execute dividend transfers, the decision requires approval from relevant regulatory authorities followed by majority ratification from shareholders at the upcoming Annual General Meeting.

For More: Reliance Spinning Mills Cash Dividend