NEPSE adjusted the stock price at Rs 221.86 with an average base price of Rs 262.93.
The bank has called out 17th and 18th AGM on May 9 in the conference hall of Nepal Pragya Pratisthan at 10:30 AM. The bank is conducting pending AGM of the previous FY 2073/74 simultaneously with the AGM of the last FY 2074/75 on the same day.
The meeting is scheduled to endorse a proposal of distributing 12.75 percent stock dividend of the previous FY and 8.50 percent stock dividend of the last FY.
Similarly, the meeting will amend its article of association and policies to carry out stock brokerage services through it or subsidiary company, delegate authority to BOD to forward merger or acquisition with a suitable partner, elect 2 directors each from a promoter and ordinary shareholder and shifting its Headoffice at Tangal.
The bank closed its book on April 19, thus, the shareholders registered in its book till April 18 are eligible to attend the AGMs and obtain the announced dividend.
