Siddhartha Bank AGM endorses 22 % dividend, re-elects three public directors
Wed, Jan 29, 2014 12:00 AM on AGM/Special AGM,
ShareSansar, January 29:
Siddhartha Bank Limited’s 12th Annual General Meeting yesterday formally endorsed 10.11 percent cash dividend and 12 percent bonus Shares to its shareholders from the net profit the commercial bank posted in the last fiscal year 2069/70.
Siddhartha Bank Limited had posted a net profit of Rs 49.04 crore in the last fiscal year.
The AGM held at Pearl Hall, Trade Tower at Thapathali in Kathmandu also re-elected Mahesh Prasad Pokharel, Hemant Gyawali and Rajesh Kumar Kedia to the BoD as public directors.
