The companies are closing their books on December 24 for upcoming AGMs, thus, the shareholders registered in their books till December 23 will be eligible to attend the AGM and obtain the announced dividend.
NMB Bank (NMB) has called out 30th AGM on January 8 in Tribhuwan Army Club,Tundikhel, Kathmandu at 10 am. The meeting will endorse a proposal of distributing 5 percent stock and 5 percent cash dividend including tax to its shareholders. Moreover, the meeting will delegate authority to BOD to amend article and memorandum of association and appoint an auditor.
Similarly, Sana Kisan Bikas Laghubitta Bittiya Sanstha (SKBBL) is conducting its 24th AGM on January 9 in Karki Banquet, Babarmahal, Kahtmandu at 11:15 am.
The meeting will endorse a proposal of distributing 14.25 percent stock and 0.75 percent cash dividend for tax purposes.