Nepal Lube Oil limited, a licensee of Gulf Oil International, which manufactures and distributes Gulf Lubricants in Nepal organized its 27th AGM on Dec 27 at Yak Palace, Pulchowk. The AGM was held in the presence of Company Chairman/MD Arun Kumar Chaudhary, the Board of Directors, Company Secretary and shareholders.
The company made a major announcement of distributing 40% dividend to its shareholders—Rs.30 (Proposed Cash Dividend per share) and Rs. 10 (Proposed bonus per share).
