Jyoti Bikas Bank Calls 15th AGM on 14th Falgun to Endorse 6.80% Dividend; When's the Book Closure?

Jyoti Bikas Bank Limited (JBBL) has called its 15th AGM on 14th Falgun, 2079. The meeting will be held in the Tribhuvan Army Officer's Club, Bhadrakali, Kathmandu, starting at 11 AM that day.

Among the other agendas, the AGM will endorse a 6.80% dividend worth Rs. 29.02 crores for the fiscal year 2078/79. The 440th meeting of the board of directors held on Poush 22 decided to distribute the dividend on the paid-up capital of Rs. 4,26,77,53,287. 3% bonus shares worth Rs. 12.80 crores and 3.80% cash dividend (for tax purposes) worth slightly over Rs. 16.21 crores have been proposed.

Furthermore, there is an agenda to endorse the auditor's report with PL statements, financial reports, and cash flow reports for FY 2078/79 and appoint an auditor for the fiscal year 2079/80. The proposal to provide the BoDs authority to oversee any company-related merger or acquisition procedures will be approved during the meeting.

The book closure date is from Magh 29 to Falgun 14. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM.

AGM Notice