Shangri-la Development Bank convenes its 17th AGM; endorses proposal of 10.5263% dividend to shareholders
Shangri-la Development Bank has convened its 17th AGM for the FY 2077-78 under the leadership of its chairman on Kartik 16, 2078.
Apart from the regular financial reports, The AGM has endorsed the board’s proposal to provide 10% bonus shares and 0.5263% cash dividend worth Rs 1.44 crore to its shareholders from the profit it had made in the previous fiscal year.
The bank currently has 101 branches, and 31 ATM booths under its network.
