Last day to hold the shares of Siddhartha Bank to receive 13.16% dividend; AGM to be convened on Poush 23

Today is the last day to hold the shares of Siddhartha Bank Limited (SBL) to receive 13.16% dividend from its upcoming AGM.

SBL will be convening its 17th AGM on Poush 23, 2075. The AGM will be convened in the premises of Rastriya Sabhagriha, Kathmandu at 11:00 AM.

The main agendas of the meeting include:

1. To isssue 5% bonus shares worth Rs 42.32 crore to the shareholders
2. To make amendments in the MOA and regulations and to provide authority to the BOD to make changes in the future
3. To change the provision of providing financial aid worth more than Rs 1 lakh as CSR as per the Companies Act.

Other agendas of the meeting include endorsement of audited financial report for the FY 2074/75, appointment of statutory auditor for the FY 2075/76 and distribution of 8.16% cash dividend for the FY 2074/75.