Nepal Bank (NBL) Approves Bonus and Dividend after 23 Years!

DIVIDEND:

Nepal Bank (NBL), the first commercial bank of Nepal, has approved bonus shares and dividend for shareholders after more than two decades.

The 60th annual general meeting (AGM) held yesterday on 25 Paush 2076 has approved to distribute its shareholders a net 25% including 15% bonus shares and 10% cash dividend including tax.

The price for 15% bonus shares is already adjusted to Rs 275.65 on 13 Paush 2076 and 10% cash dividend is now getting sent to the shareholders account.

Currently its paid up stands at Rs. 9.81 arba and its capital will be Rs 11.28 after the adjustement.

Check the DETAILS HERE:

Sindhu Bikas Bank (SINDU) announces bonus shares !

DIVIDEND:

Sindhu Bikas Bank (SINDU) has announced bonus shares for shareholders from the distributable profit of FY 2075/76.

The board meeting of the company held on 01 Poush 2076 has decided to distribute 11.513% bonus shares and 0.575% lakh cash dividend for tax purpose.

The decision should approved by Beema Samiti and Annual general meeting of the company.

Currently its paid up stands at Rs. 50 crore.

Check the DETAILS HERE:

Swarojgar Laghubitta (SLBBL) announces Book Close and AGM !

BOOK CLOSE:

Swarojgar Laghubitta Bittiya Sanstha (SLBBL) has announced its Book Close and calls its Annual General meeting (AGM).

The book close will be on 15 Mangsir 2076. Only the shareholders who get registered in the book within 14 Mangsir 2076 or one day ahead of the book close will be eligible to participate in AGM.

The bank will convene 11th AGM on 28 Mangsir 2076 at Kayastha Banquet, Banepa, Kavrepalanchok, 10:30 AM.

The agendas of AGM are:

• to endorse 26.7520% or Rs. 7.20 crore bonus shares and 1.4080% or Rs.37.94 lakh cash dividend from the income of FY 2075/76
• to approve audited financial statement of FY 2075/76.
• to appoint statutory auditor for FY 2076/77
• to issue 100% right shares
• to go for merger and acquisition with appropriate bank and financial institutions; provided authority for BOD and signed MOU and assets and liabilities valuation through DDA.
• to amend MOA and AOA, etc

Currently, its paid up capital stands at Rs. 26.95 crore.

Check the DETAILS HERE: