NMB Bank Limited (NMB) calls AGM on Poush 29; Agenda to Endorse Dividend and Approve Capital Increment

NMB Bank Limited (NMB) has called its 25th AGM on Poush 29, i.e. January 13. The meeting will be organized in Krishna Tower, New Baneshwor, starting from 10: 30 am that day. The meeting will be streamed online for investors.

The meeting will endorse the dividend for the fiscal year 2076/77. The bank has proposed a 16.2% dividend for the fiscal year 2076/77. The bank's 412th meeting of the board held on Poush 05 has proposed a 3.2% cash dividend and a 13% bonus shares from the paid-up capital. The paid-up capital of the company is Rs. 14,44,77,52,966. Thus, the cash dividend amounts to Rs. 46,23,28,094 and the bonus shares total 46,23,28,094.94 units.

Also, the AGM will approve the increment of the authorized capital from the current Rs. 16 Arba to Rs. 20 Arba.

The book closure date is announced on Poush 16. Thus, investors maintained till that day are entitled to the dividend and can also attend the AGM.

AGM notice