Nabil Bank To Conduct 38th AGM On 29th Poush; To Endorse 30% Dividend

Nabil Bank Limited (NABIL) has called its 38th AGM on 29th Poush, 2079. The meeting will be held in the Silver Oak Banquet, Gairidhara, Kathmandu, starting at 10 AM that day.

Among the other agendas, the AGM will endorse a 30% dividend for FY 2078/79. The board of directors meeting on Mangsir 25 decided to distribute the dividend on the paid-up capital of Rs. 22.83 Arba. 18.50% bonus shares worth Rs 4.22 Arba and 11.5% cash dividend (including bonus shares tax purposes) worth Rs 2.61 Arba have been proposed.

Furthermore, there is an agenda to endorse the auditor's report with PL statements, financial reports, and cash flow reports and appoint an auditor for the fiscal year 2079/80. The meeting will also elect directors from the promoter shareholding group.

The book closure date is on Poush 18. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM.

AGM Notice