Green Development Bank Calls Its AGM on 27th Chaitra; Dividend And Election As Major Agenda
Sun, Mar 10, 2024 10:18 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
Green Development Bank Limited (GRDBL) has called its 10th and 11th AGM on 27th Chaitra, 2080. The AGM will be held in Majestic Lake Front Hotel & Suites, Pokhara-6, Kaski.
Among other agendas, the AGM will endorse the dividend for the fiscal year 2078/79. The company has proposed a 4% dividend. The 191st meeting of the board of directors held on Chaitra 26 has decided to distribute 3.80% bonus shares and 0.20% cash dividend (for tax purposes) from the paid-up capital. Since the paid-up capital of the company is Rs. 51.90 crores, the bonus shares are worth Rs. 1,97,22,000 and the cash dividend is worth Rs. 10,38,000.
Furthermore, an agenda is to endorse the auditor's report with PL statements, financial reports, and cash flow reports and appoint an auditor for the fiscal year 2080/81. There is an agenda to elect 3 directors from the promoter shareholding group and 2 directors from the public shareholding group.
The book closure date is declared on Chaitra 9. Thus, investors maintained before that day are entitled to the dividend payout and can also attend the AGM.
