Nepal Bangladesh Bank calls AGM on Poush 26; When's the book closure date for 8.42% Dividend?

Nepal Bangladesh Bank Limited (NBB) has called its 26th AGM on Poush 26, i.e. January 10. The meeting of the board of directors held on Poush 03 has decided to conduct the AGM virtually that day. The AGM will commence at 11: 30 AM.

Among other agendas, the AGM will endorse the dividend for the fiscal year 2076/77. Nepal Bangladesh Bank has already declared an 8.42% dividend for the fiscal year 2076/77. The 361st meeting of the board of directors held on Mangsir 15 has proposed 6% bonus shares and 2.42% cash dividend for the fiscal year 2076/77. For the fiscal year before this (i.e. 2075/76), the company distributed 5% bonus shares and 7% cash dividend.

The book closure is announced on Poush 10. Thus, investors maintained before that day are entitled to the dividend payout and can also attend the AGM.

AGM notice