The AGM of the Shangri-La Development Bank and the Kamana Sewa Bikash Bank has been called

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The Shangri-La Development Bank Limited has scheduled its 17th General Meeting for the of Kartik, 2078. The meeting will take place in the Lainchaur Banquet on day, beginning at 10 a.m.

The will also approve a dividend of 10.5263 percent for the fiscal year 2077/78, among other items on the agenda. Following a meeting of the board of directors held on Ashoj 19, it was decided to distribute the dividend on the paid-up capital of Rs. 2736972420. The proposal includes the distribution of 10 percent bonus shares and a 0.5263 percent cash dividend (for tax purposes). As a result, the bonus shares are worth slightly more than Rs. 27.36 crores, while the cash dividend is worth slightly more than Rs. 1.44 crores.

The book will be closed on the 5th of Kartik. As a result, shareholders who had their accounts in good standing before date are eligible for the dividend payout and are welcome to attend the AGM.

In a similar vein, Kamana Sewa Bikash Bank Limited has scheduled its 15th General Meeting for the 23rd Kartik, 2078. The meeting will take place at the Park Village Resort in Budhanilkantha, Kathmandu, and will begin at 10 a.m. on the scheduled day.

The will also approve a 19.47 percent dividend for the fiscal year 2077/78, among other items on the agenda. The board of directors decided to distribute the dividend from the paid-up capital of Rs. 2,65,19,63,731 at its meeting on Ashwin 07, which took place on day. It has been proposed to issue 59.18.5 percent bonus shares and pay a 0.97 percent cash dividend.

Furthermore, at the AGM, three board members will be elected from among the promoters and three from among the general public.

The book will be closed on Kartik 10, according to the Hindu calendar. As a result, shareholders who had their accounts in good standing before date are eligible for the dividend payout and are welcome to attend the AGM.

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