The Annual General Meeting of Nepal Bank Limited will be held on December 17.

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Nepal Bank Limited (NBL) has scheduled its 62nd Annual General Meeting on 17, 2021, the first time in its history (i.e. Poush 2, 2078).

The annual general meeting will approve 17 percent dividend fiscal year 2077/78.

On October 24, 2021 (Kartik 7, 2078), the board of directors proposed to distribute 14 percent bonus shares and 3 percent cash dividend on the company’s paid-up capital of Rs 12.63 billion, which was approved by the shareholders.

Several sources have confirmed that the meeting will place at the company’s headquarters office in Dharmapath, Kathmandu, and will begin at 11 .m.

The book will be closed on 7, 2021 (Mangsir 21, 2078) at midnight. As result, shareholders who had their accounts in good standing before that date are eligible the dividend payout and are welcome to attend the AGM.

As of the last trading day of the week, NBL’s LTP is Rs 445 per unit of currency.

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