Kumari Bank Organizing Its 22nd AGM Today | To Approve 12.50 Percent Dividend

November 7, 2022 | Investopaper

Kumari Bank Limited (KBL) will conduct its 22nd Annual General Meeting (AGM) on Karthik 21, 2079 BS [November 7, 2022]. The AGM will take place after 11:00 AM at the head office of Kumari Bank, Tangal, Kathmandu.

Major Agendas For AGM

Presentation, discussion, and approval of financial statements of the fiscal year 2078/79.

Appointment of auditor for the fiscal year 2079/80.

Endorsement of a 12.50 percent dividend to the shareholders.

Delegation of authority to the BOD for any merger/acquisition decisions.

Book Closure Date

For the purpose of dividend distribution and annual meeting, the shareholders’ registration book remained closed on Karthik 14, 2079 BS. Since, the bank is in merger process with NCC Bank, the investors holding/purchasing the shares of KBL until Ashwin 10, 2079 BS [before the trading suspension in NEPSE] will receive the proposed dividend and can participate in the annual meeting.


Kumari Bank’s Performance In Fiscal Year 2078/79

Dividend History Of Kumari Bank Limited (KBL)


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