NMB Bank Limited (NMB) has called its 26th AGM on Poush 22. The meeting will be held in Tribhuvan Army Officers Club, Tundikhel, Kathmandu, starting at 10: 30 am that day.
Among other agendas, the AGM will endorse the 15.8% dividend for the fiscal year 2077/78. The 427th meeting of the board of directors held on Kartik 12 decided to distribute the dividend on the paid-up capital of Rs. 16.32 Arba. 12.5% bonus shares worth Rs 2.04 Arba and 3.3% cash dividend (including tax for bonus shares) worth Rs 53.87 crore have been proposed.
There is also an agenda to discuss raising the company's existing issued capital to Rs. 18.36 Arba.
Poush 07 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM. The ordinary shares of NMB closed at Rs. 362 yesterday.