Nepal SBI Bank (SBI) calls AGM on Poush 28; When's the book closure for 9.47% Dividend?
Tue, Dec 22, 2020 10:43 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
Nepal SBI Bank Limited (SBI) has called its 27th AGM on Poush 28, i.e. January 12. The meeting will be organized in Tribhuwan Army Officers Club, Bhadrakali, Kathmandu, starting from 11 am that day.
Among other agendas, the AGM will endorse the dividend for the fiscal year 2076/77. Nepal SBI Bank Limited (SBI) has proposed a 9.47% dividend for the fiscal year 2076/77. The 458th meeting of the board of directors held on Mangsir 04 has decided to distribute 6% of the paid-up capital as bonus shares and 3.47% as a cash dividend. The cash dividend includes the amount for tax purposes as well. The paid-up capital of the company is Rs. 8,95,62,05,554.
Furthermore, the AGM will also approve the amendment of capital (capital adjustment) after the distribution of the bonus share.
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. Books will be closed from Poush 15 to Poush 28.
