Prime Commercial Bank Limited Calls AGM On Mangsir 19; To Endorse 5% Cash Dividend

Prime Commercial Bank Limited (PCBL) has called its 17th AGM on 19th Mangsir, 2081. The meeting will be held at the Army Officers Club, Bhadrakali, Kathmandu, starting at 11 a.m. that day.

Among the other agendas, the AGM will endorse the 5% cash dividend for the fiscal year 2080/81. The 514th meeting of the board of directors held on Kartik 11 decided to distribute the dividend. A 5% cash dividend (including tax) worth Rs. 97.01 Crore has been proposed.

Furthermore, there is an agenda to endorse the auditor's report with PL statements, financial reports, and cash flow reports for FY 2080/81, appoint an auditor for the fiscal year 2081/82, and discuss the allowance and services provided to the directors.

Mangsir 9 is the book closure date. Thus, shareholders maintained that day are entitled to the dividend payout and can also attend the AGM.

AGM Notice: