Shangri-la Development Bank (SADBL) Calls AGM; When's the Book Closure Date for Dividend?
Mon, Mar 15, 2021 10:36 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
Shangri-la Development Bank Limited (SADBL) has called its 16th AGM on 23rd Chaitra, 2077. The AGM will be held in Lainchaur Banquet, Kathmandu, starting at 11 am that day.
Among other proposals, the AGM will endorse the dividend for the fiscal year 2076/77. The company has proposed a 5.2632% dividend for the fiscal year 2076/77. The 260th meeting of the board of directors held on Falgun 16 has proposed a 5.2632% dividend from the paid-up capital maintained as of Ashad's end, 2077. The paid-up capital as of Ashad's end, 2077 was Rs. 2,60,66,40,400. Since 5% bonus shares and 0.2632% cash dividend are distributed, the bonus shares are worth Rs. 13,03,32,020 and the cash dividend is worth Rs. 68,59,580.
The book closure date is declared on Chaitra 10. Thus, investors maintained before that day are entitled to the dividend payout and can also attend the AGM. Books will be closed from Chaitra 10 till the AGM day.
