Last day to grab shares of NMB Bank, Everest Bank, Pokhara Finance and Infinity Laghubitta to be eligible for AGM and dividend

NMB Bank (NMB) will be convening its 24th Annual General Meeting (AGM) on Poush 24, 2076.

The bank has proposed the following dividend:

Paid-up capital: Rs 11.53 arba
Bonus share: 21% worth Rs 2.42 arba
Cash dividend: 14% worth Rs 1.61 arba
Total: 35% worth Rs 4.03 arba

The proposal is subject to approval from Nepal Rastra Bank and the upcoming AGM of the bank. Post the adjustment of bonus shares, the paid-up capital of the bank will reach Rs 13.95 arba.

The book closure date is on Poush 04, 2076. Therefore, shareholders maintained on Poush 03, 2076 (Today) will be eligible to participate in AGM and claim dividend.

Everest Bank Limited (EBL) has decided that the 25th AGM of the bank will be held on Poush 23, 2076 (January 8, 2020) at Lainchaur Banquet, Lainchaur from 11 AM onwards.

The agenda of the AGM is to endorse audited financial highlights of FY 75/76 and appoint statutory auditor for FY 76/77. The AGM also endorse distribution of 5% bonus shares and 20% cash dividend for the shareholders out of the profits of FY 75/76. Also, capital increment due to issue of 7% convertible preference shares will be adjusted.

For this purpose, the books of the bank will remain closed from Poush 4, 2076 till the date of AGM. Investors holding shares of the bank till Poush 3, 2076 (Today) will be eligible to claim the dividend and participate in the AGM of the bank.

Pokhara Finance (PFL) will be convening its 23rd Annual General Meeting (AGM) on Poush 18, 2076 at Durbarthok Banquet, Banstolathar, Pokhara, Kaski from 9 AM onwards.

The 472th Board Meeting held on Mangsir 25, 2076 has decided on the following agendas to be discussed in the AGM:

  • Approval of the annual report to be presented by the Board.
  • Approval of audited financial statements for FY 2075/76.
  • Approval of 7% bonus shares and 7.20% cash dividend including tax amount.
  • Appointment of auditor for 2076/77 along with the determination of remuneration.
  • Appointment of an independent director.
  • Election of 3 Directors from the ordinary shareholders' group.

The book closure is on Poush 04, 2076. Therefore, shareholders maintained on the books on Poush 03, 2076 (Today) will be eligible to participate in the AGM and claim the dividend.

Infinity Laghubitta Bittiya Sanstha (ILBS) will be convening the third AGM on Poush 18, 2076 at Bijaychowk, Nawalpur from 11 AM onwards.

The company has proposed the following dividend:
Current paid-up capital: Rs 20.74 crore
Cash dividend: 5% worth Rs 1.03 crore
Bonus shares: 10% worth Rs 2.07 crore

The 49th Board Meeting held on Mangsir 15, 2076 has decided on the following agendas for the meeting:

  • Approval of the annual report for 2075/76.
  • Approval of the audited financial statements for 2075/76.
  • Appointment of the auditor for 2076/77 and determination of the remuneration.
  • Approval of the above-proposed dividend.
  • Approval of 25% right shares of paid-up capital after adjustment of bonus.

The book closure date is on Poush 04, 2076. Therefore shareholders maintained on Poush 03, 2076 (Today) will eligible to participate in the AGM and claim the dividend.