Everest Bank Limited (EBL) holds its annual general meeting and announces the book closing date for its 10.32 percent dividend.

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Everest Bank Limited (EBL) has scheduled its 27th Annual General Meeting (AGM) for the first Poush of the year 2078. The meeting will take place in the company’s central headquarters in Lazimpat, Kathmandu, and will begin at 11:30 a.m. on the scheduled date.

The AGM will also approve a 10.32 dividend for the fiscal year 2077/78, other on the agenda. According to the notification published in the NEPSE, the bank has proposed a bonus share dividend of 6 and a cash dividend of 4.32 percent. Rs. 8,89,37,17,178 in dividends are being paid out on the company’s paid-up capital of Rs. 8,89,37,17,178.

The book will be closed on Mangsir 17, according to the calendar. As a result, shareholders had their accounts in good standing before that date are eligible for the dividend payout and are welcome to attend the AGM.

As of the of writing, EBL has an LTP of Rs. 60 lakh.

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