Reminder! Last Day To Grab Dividends Proposed by Swarojgar Laghubitta and Agricultural Development Bank
Mon, Mar 13, 2023 7:19 AM on Dividend, Bonus & Rights, AGM/Special AGM, Book Closure, Latest,
Today is the last day to grab dividends proposed by Swarojgar Laghubitta Bittiya Sanstha Limited (SLBBL) and Agricultural Development Bank Limited (ADBL).
Swarojgar Laghubitta Bittiya Sanstha Limited (SLBBL) has called its 14th AGM on Chaitra 11, 2079. The meeting will be held in Nepal Pragya Pratisthan, Kamaladi, Kathmandu, starting from 11:30 AM that day.
Among the other agendas, the AGM will endorse a 23.1579% dividend worth Rs. 11.90 crores for the fiscal year 2078/79. The 245th meeting of the board of directors on Poush 27 decided to distribute the dividend on the paid-up capital of Rs. 51.40 Crores. 22% bonus shares worth Rs 11.31 crores and a 1.1579% cash dividend (including tax) worth Rs 59.52 lakhs have been proposed.
Agricultural Development Bank Limited (ADBL) has called its 16th AGM on 14th Chaitra, 2079. The meeting will be held in Agriculture Development Bank Central Training Centre, Bhaktapur, starting at 11 am that day.
Among other agendas, the AGM will endorse a 13% dividend for the fiscal year 2078/79. The 1000th meeting of the Board of Directors (BoD) held on Poush 26 decided to distribute the dividend on the paid-up capital maintained after FY 2078/79. 2% bonus shares and an 11% cash dividend have been proposed. Furthermore, the company has also decided to distribute a 6% cash dividend for Irredeemable Non-cumulative Preference Shares. The current paid-up capital of the bank is Rs. 13.18 Arba.
Falgun 30 is the book closure for both companies' AGM. Thus, shareholders maintained before till today are entitled to the dividend payout and can also attend the AGM.