Kamana Sewa Bikas Bank (KSBBL) calls AGM on Poush 29; When's the book closure for AGM and Dividend?

Kamana Sewa Bikas Bank Limited (KSBBL) has called its 14th AGM on Poush 29, i.e. January 13. The meeting will be organized in Park Village Resort, Budhanilkantha, Kathmandu, starting from 10 am that day. The meeting will be streamed virtually for investors.

Among other agendas, the AGM will endorse the dividend for the fiscal year 2076/77. The bank has proposed a 4.63% dividend for the fiscal year 2076/77. The bank has proposed a 0.23% cash dividend and a 4.4% bonus shares from the paid-up capital. Thus, the cash dividend amounts to Rs. 58,82,546.29 and the bonus shares are worth Rs. 11,17,68,379.57. The cash dividend is the tax amount for the bonus shares.

The AGM will also approve the amendment of capital (capital adjustment) after the distribution of the bonus share. The book closure date is announced on Poush 16. Thus, investors maintained till that day are entitled to the dividend payout and can also attend the AGM.

AGM notice