NMB Bank's book closure on Poush 04, 2076; AGM to endorse 35% dividend
Wed, Dec 11, 2019 12:42 PM on AGM/Special AGM, Book Closure, Dividend, Bonus & Rights, Latest, Stock Market,
NMB Bank (NMB) will be convening its 24th Annual General Meeting (AGM) on Poush 24, 2076.
The bank has proposed the following dividend:
Paid-up capital: Rs 11.53 arba
Bonus share: 21% worth Rs 2.42 arba
Cash dividend: 14% worth Rs 1.61 arba
Total: 35% worth Rs 4.03 arba
The proposal is subject to approval from Nepal Rastra Bank and the upcoming AGM of the bank. Post the adjustment of bonus shares, the paid-up capital of the bank will reach Rs 13.95 arba.
NMB Bank Limited successfully merged with OM Development Bank Limited and started joint transaction from Ashwin 11, 2076.
The book closure date is on Poush 04, 2076. Therefore, shareholders maintained on Poush 03, 2076 will be eligible to participate in AGM and claim dividend.
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