The companies are closing their books on December 30 for upcoming AGM. , thus, the shareholders registered in its book till December 29 will be eligible to attend their AGM and obtain the announced dividend.
Agriculture Development Bank (ADBL) is conducting 18th AGM on January 13 at 11 am in Central Training Institution, Bode, Bhaktapur. The meeting will endorse a proposal of 3 percent stock and 7.53 percent cash dividend as well as 6 percent cash dividend to preference shareholders. Similarly, the meeting will delegate authority to BOD to amend article and memorandum of association and appoint an auditor.
Similarly, Mahalaxmi Bikas Bank (MLBL) is conducting its 23rd AGM on January 13 in Alice Reception, Subarna Samsher Marg, Gairidhara, Kathmandu at 10 am. The meeting will endorse a proposal of 3 percent stock and 4 percent cash dividend to its shareholders. Similarly, the meeting will delegate authority to BOD to amend article and memorandum of association and appoint an auditor.
Likewise, Miteri Development Bank (MDB) is conducting 19th AGM on January 11 at 11 am in Sunsari Udhyog Banijya Sangh, Dharan 1, Sunsari. The meeting will endorse a proposal of distributing 9.5079 percent stock and 0.5004 percent cash dividend for tax purposes. Moreover, the meeting will approve proposals of obtaining NRB approval to upgrade the bank to ‘B’ level, amend article of association, delegate authority to BOD to forward merger/acquisition and appoint an auditor.
Moreover, Chhimek Laghubitta Bittiya Sanstha (CBBL) is conducting 23rd AGM in Hotel Samana, Makwanpur, Hetauda at 11 am. The meeting will endorse a proposal of 8 percent stock and 7 percent cash dividend. Similarly, the meeting will delegate authority to BOD to amend article and memorandum of association, elect two directors from ordinary shareholders and appoint an auditor.
Furthermore, Jeevan Bikas Laghubitta Bittiya Sanstha (JBLB) is conducting its AGM on January 12, in its head office at Katahari-2, Morang at 10.30 am. The meeting will endorse a proposal of distributing 14 percent stock and 0.7368 percent cash dividend to its shareholders.
Similarly, Aatmanirbhar Laghubitta Bittiya Sanstha (ANLB) has called out 6th AGM on January 13 at 11 am in Hotel Mala Inn, Ghorahi 15, Dang. The meeting will endorse a proposal of distributing 14.25 percent stock and 0.75 percent cash dividend. Moreover, the meeting will delegate authority to BOD to amend article and memorandum of association and appoint an auditor.
Likewise, Chilime Hydropower Company (CHCL) is conducting its AGM on January 12 in Nepal Pragya Pratisthan, Kathmandu at 11 am. The meeting will endorse a proposal of distributing 12 percent dividend including 10 percent stock and 2 percent cash dividend including tax.