Himalayan Bank to convene its 26th AGM on 30th Poush; bank to propose 15.7895% dividend from profits of FY 74/75
Mon, Dec 24, 2018 11:13 AM on AGM/Special AGM, Dividend, Bonus & Rights, Latest, Stock Market,
Himalayan Bank Limited (HBL) has published a notice regarding the 26th AGM of the bank.
The commercial bank will be convening its AGM on 30th Poush 2075 (14 January 2019) at Karki Banquet, Maitighar from 11 AM. The main agendas of the AGM includes:
- Endorsement of audited financial reports of FY 74/75.
- To propose 10.7895% cash dividend for the shareholders from profits of FY 74/75.
- To propose 5% bonus shares for the shareholders and to adjust the issued and paid up capital accordingly.
- Appointment of statutory auditor for FY 75/76.
The proposed dividend is subject to approval from NRB and upcoming AGM of the company. The books of the bank will remain closed from 16th Poush to 30th Poush.
The current paid up capital of the bank, which is at Rs.8.11 Arba will reach Rs.8.51 Arba after the adjustment of bonus shares.
