Both companies are closing their books on December 22, thus, the shareholders registered in its book till December 19 (last trading day before bookclose) will be eligible to attend the AGM and obtain the announced dividend.
Nepal SBI Bank (SBI) is conducting its 31st AGM on January 5, in Tribhuwan Army Officers Club, Bhadrakali, Kathmandu at 11 am.
The meeting will endorse a proposal of distributing 3.80 percent stock and 6.85 percent cash dividend including tax to its shareholders. Moreover, the meeting will delegate authority to BOD to forward merger/acquisition and amend article and memorandum of association and appoint an auditor.
Similarly, Taragaon Regency Hotels (TRH) is conducting its 28th AGM in Nepal Army Officers Club, Bhadrakali, Kathmandu at 11:30 am.
The meeting will endorse a proposal of distributing 11 percent cash dividend including tax to its shareholders.
