Thursday, November 18, 2021
    Nepal Stock ExchangeRight | Bonus | DividendNepal Bangladesh Bank Holds Annual General Meeting to Approve Dividend and Elect...

    Nepal Bangladesh Bank Holds Annual General Meeting to Approve Dividend and Elect Board of Directors

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    Nepal Bangladesh Bank Limited has scheduled its 27th Annual General Meeting for the 2nd of Mangsir, 2078. The meeting will take place at the bank’s registered in Kamaladi, Kathmandu, and will begin at 3 p.m. on the same day, according to the bank. The AGM will also be streamed live on the Zoom platform.

    The AGM will also approve a 15.5 percent dividend for the fiscal 2077/78, among other items on the agenda. It was proposed today at the board’s 375th meeting that receive 1 percent bonus shares and receive 3.5 percent in cash dividends.

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    Furthermore, three board members will be elected at the AGM, one the promoter and three from the public shareholders.

    The book will be closed on Kartik 15, according to the Hindu calendar. As a result, who had their accounts in good standing before that date are eligible for the dividend payout and are also welcome to attend the AGM. As of this writing, NBB’s LTP stands at Rs. 40.50.

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