Nabil Bank Limited (NABIL) has an annual general meeting to approve a 38 percent dividend.

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Nabil Bank Limited (NABIL) has scheduled its 37th Annual General Meeting the 30th of Poush, 2078. The meeting will begin at 9: 30 a.m. that day in Nabil Center, Tindhara, Kathmandu.

The AGM will approve a 38 percent dividend fiscal 2077/78, among other items on the agenda. The board of directors decided to disburse the dividend on the Rs. 13.84 Arba paid-up capital at their meeting on 16. The proposal is for 33.6 percent bonus shares and a 4.4 percent cash dividend (including tax).

In addition, the promoters will elect two board members at the AGM. A resolution to increase the company’s existing authorized capital to Rs. 19 Arba is also on the agenda.

The book will closed on Poush 16. As a result, shareholders who held shares prior to that date are entitled to the dividend payment and are welcome to attend the AGM.

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