NCC Bank convening AGM today; To approve of 16.72% dividend in total

NCC Bank c...

Nepal Credit and Commerce Bank Limited (NCCB) is convening its 20th and 21st AGM on Bhadra 23, 2076 i.e today. The meeting is being convened in the premises of Rastriya Sabha Griha, Brikutimandap from 11:00 AM onwards.

The main agenda of the meeting is the approval of 15.89% bonus share (of existing capital of Rs 7.01 arba) worth Rs 1.11 arba from the net profit of FY 2074/75 and 0.83% cash dividend worth Rs 5.86 crore (for tax purpose) for the shareholders.

For this purpose, the books of the company had been closed on Shrawan 26, 2076 i.e. Sunday. So, the shareholders maintained till Shrawan 23, 2076 (Thursday) are eligible to participate in the AGM and claim the dividend.