Agricultural Development Bank (ADBL) Calls AGM, When's the Book Closure for 21.0526% Dividend?

Agricultural Development Bank Limited (ADBL) has called its 15th AGM on 29th Poush, 2078. The meeting will be held in Agriculture Development Bank Central Training Centre, Bhaktapur, starting at 11 am that day.

Among other agendas, the AGM will endorse a 21.0526% dividend for the fiscal year 2077/78. The meeting of the board of directors held on Poush 1 decided to distribute 20% bonus shares and 1.0526% cash dividend (for tax purposes) have been proposed. The company has also decided to distribute a 6% cash dividend for Irredeemable Non-cumulative Preference Share.

Poush 16 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM.

AGM notice with annual financial highlights