Reminder! Last Day to Grab 10.98% Dividend Proposed by Sanima Bank

Today is the last day to grab 10.98% dividend proposed by Sanima Bank Limited (SANIMA).

The bank has called its 18th AGM on 3rd Poush, 2079. The meeting will be held in Amrapali Banquet, Baluwatar, Kathmandu, starting at 11 am that day.

Among the other agendas, the AGM will endorse the 10.98% dividend for the fiscal year 2078/79. The meeting of the board of directors held on Kartik 4 has decided to distribute 0.98% cash dividend and 10% bonus shares from the paid-up capital. The paid-up capital of the company stands at Rs. 11.32 Arba. Thus, the cash dividend amounts to Rs. 11.10 Crores and bonus shares are worth Rs. 1.13 Arba. The cash dividend includes the tax amount for the bonus shares.

Furthermore, there is also an agenda to increase the authorized capital of the bank from Rs. 12 Arba to Rs. 15 Arba and to endorse the auditor's report with PL statements, financial reports, and cash flow reports and appoint auditor for the fiscal year 2079/80. The meeting will also elect 2 Board of Director member from public shareholder group.

Mangsir 19 is the book closure date. Thus, shareholders maintained till today are entitled to the dividend payout and can also attend the AGM.