Siddhartha Bank (SBL) Calls AGM on Poush 30 to Endorse 15% Dividend

Siddhartha Bank Limited (SBL) has called its 20th AGM on 30th Poush, 2078. The meeting will be held in Silver Oak Banquet and Events, Gairidhara, Kathmandu, starting at 11 am that day.

Among other agendas, the AGM will endorse a 15% dividend for the fiscal year 2077/78. The 381st meeting of the board of directors held on Kartik 7 decided to distribute the dividend on the paid-up capital of Rs. 10.96 Arba. 14.25% bonus shares worth Rs 1.56 Arba and 0.75% cash dividend (for bonus shares tax purpose) worth Rs 8.22 crore have been proposed.

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

AGM notice with annual financial highlights