The Annual General Meeting (AGM) of Standard Chartered Bank Limited (SCB) has been scheduled for the 28th of Mangsir, 2078. The meeting will take place in the company’s central office in New Baneshwor, Kathmandu, and will begin at 10 a.m. on the scheduled day of the meeting.
On the agenda for the AGM will be the approval of a 13.06 percent dividend for the fiscal year 2077/78, which will be made up of 10 percent bonus shares and a 3.06 percent cash dividend (among other things). The dividend will be paid out following the 417th meeting of the board of directors, which was conducted on October 5, 2018.
Mangsir 10 is the date on which the book will be closed. As a result, shareholders who had their accounts in good standing before that date are eligible for the dividend payout and are welcome to attend the AGM. SCB currently has an LTP of Rs. 520 as of the time of writing.