Rastriya Banijya Bank Proposes to Distribute 12.50% Dividend of FY 2078/79; When is the AGM?

According to the decision of the 2582nd meeting held on Wednesday of the board of directors of Rastriya Banijya Bank Limited, the 17th annual general meeting of the bank will be held on the following date, time, and place to discuss and decide on the following topics, as per section 67 of the Companies Act, 2063, for the information and attendance of all shareholders.

Date: Thursday, Poush 28, 2079

Time: 2:00 p.m.

Venue: Auditorium of National Commercial Bank Limited located at Durbarmarg

Agendas:

• To discuss and pass the annual report of 2078/79.
• According to the proposal of the Board of Directors, to distribute a 7.50 percent cash dividend worth Rs. Rs. 1.04 Arba (including tax) from the paid-up capital of Rs. 13.94 Arba as of Ashad 2079.
• According to the proposal of the Board of Directors, to distribute a 5 percent bonus dividend worth Rs. 69.70 Crores for the fiscal year 2078/79.
• To implement the necessary amendments in the bank's charter and regulations and if there are any amendments, modifications, and instructions from Nepal Rastra Bank and other regulatory bodies in this regard.

In addition, for the purpose of the general meeting, the company's book closure of share registration will be on Poush 18, 2079.