Last day to secure dividend of Nepal Bank and Agricultural Development Bank
December 26, 2019 | Investopaper
NEPAL BANK
For the distribution of dividend and AGM purpose, Nepal Bank is going to close the shareholders’ registration book on Poush 13, 2076. Hence, the investors purchasing/holding shares until today i.e Poush 10 are eligible for the dividend and can participate in the annual meeting.
The bank has planned to organize the AGM on Poush 25, 2076. The Annual Meeting will take place at Nepal APF Club, Halchowk, Kathmandu. The AGM will start after 11 AM.
Major Agendas:
Discussion and approval of financial reports of the fiscal year 2075/76.
Endorsement of a 25 percent dividend to the shareholders.
Appointment of auditor for the fiscal year 2076/77.
Increment of the authorized capital of the bank to Rs. 15 Arba.
AGRICULTURAL DEVELOPMENT BANK
Likewise, Agricultural Development Bank has fixed the book closure date from Poush 13 to Poush 27, 2076. Therefore, the investors need to purchase the shares until today i.e. Poush 10 are eligible for the dividend and can participate in the annual meeting.
The bank is going to organize the AGM on Poush 27, 2076. The Annual Meeting will take place at the Central Training Academy, ADBL, Bode, Bhaktapur. The AGM will start after 11 AM.
Major Agendas:
Discussion and approval of financial reports of the fiscal year 2075/76.
Endorsement of a 24 percent cash dividend and a 6 percent bonus share to the shareholders.
Appointment of auditor for the fiscal year 2076/77.
Increment of the authorized, issued and paid-up capital of the bank