Nepal Bank Limited (NBL) calls AGM to Endorse Dividend and Elect Board Members; When's the book closure?

Nepal Bank Limited (NBL) has called its 61st AGM on Poush 29, i.e. January 13. The meeting will be organized in the company's central office in Dharmapath, Kathmandu, starting from 11 am that day. The meeting will be streamed online for investors.

Among other agendas, the meeting will elect three board members from the public investors.

Furthermore, the meeting will endorse the dividend for the fiscal year 2076/77. The bank has proposed a 16% dividend for the fiscal year 2076/77. The meeting of the board of directors held on Poush 01 has decided to distribute 12% bonus shares and a 4% cash dividend from the paid-up capital. The paid-up capital of the company is Rs. 11,28,28,20,200. Note that this dividend will be distributed only after approval from Nepal Rastra Bank and endorsement by the company's upcoming AGM.

The book closure date is announced on Poush 16. Thus, investors maintained till that day can attend the AGM.

AGM notice