Century Commercial Bank (CCBL) calls AGM on Poush 29; When's the book closure for AGM and Dividend?

Century Commercial Bank Limited (CCBL) has called its AGM on Poush 29. The AGM will be organized at Army Officers Club, Bhadrakali, starting at 11 am that day.

Among other proposals, the AGM will endorse the dividend for the fiscal year 2076/77. The company has proposed a 7.5% dividend for the fiscal year 2076/77. The 326th meeting of the board of directors held on Mangsir 29 has decided to distribute 5.25% bonus shares and 2.25% cash dividend (for tax purposes) from the paid-up capital. Since the paid-up capital of the company is Rs. 8,58,37,81,000, the bonus shares amount to Rs. 45,06,48,502.50 and the cash dividend amounts to Rs. 19,31,35,072.50.

The dividend proposal is already approved by Nepal Rastra Bank.

The book closure for the dividend is announced on Poush 16. Investors maintained before that date are entitled to the dividend payout and can also attend the AGM.