Nepal Bank Limited (NBL) has called its 62nd AGM on 2nd Poush, 2078. The meeting will be held in the company’s central office in Dharmapath, Kathmandu, starting at 11 am that day.
Among other agendas, the AGM will endorse a 17% dividend for the fiscal year 2077/78. The meeting of the board of directors held on Kartik 7 decided to distribute the dividend on the paid-up capital of Rs. 12.63 Arba. 14% bonus shares and 3% cash dividend (including tax) have been proposed.
Mangsir 21 is the book closure date. Thus, shareholders maintained till today are entitled to the dividend payout and can also attend this AGM.
As of writing, NBL has an LTP of Rs 422.