Nabil Bank (NABIL) calls AGM on Poush 29; When's the book closure for 35.26% Dividend?

Nabil Bank Limited (NABIL) has called its 36th AGM on Poush 29, i.e. January 13. The meeting will be organized in the company's central office in Durbarmarg, 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 35.26% dividend for the fiscal year 2076/77. The bank's 552nd meeting of the board held on Poush 05 has proposed a 1.76% cash dividend for tax purpose and a 33.5% bonus shares from the existing paid-up capital. The paid-up capital of the company is Rs. 10.097 Arba.

The AGM will also approve the amendment of capital (capital adjustment) after the distribution of the bonus share and increment of authorized capital to Rs. 14 Arba. Furthermore, 2 board members representing the public investors will be elected.

The book closure date is announced on Poush 15. Thus, investors maintained till that day are entitled to the dividend payout and can also attend the AGM.

AGM notice