Last day to secure dividend of Siddhartha Bank

Oct 15, 2019 10:39 AM Merolagani

Today is the last day to secure dividend of Siddhartha Bank (SBL). The bank is closing its book on October 16 for its upcoming AGM,  thus the shareholders registered in its book till October 15 will be eligible to attend the AGM and obtain the announce dividend.

The bank is conducting its AGM on October 24 in Army Officers Club, Bhadrakali, Kathmandu at 11:00 AM.

The meeting is scheduled to endorse a proposal of distributing 10 percent stock and 15.26 percent cash dividend to the shareholders.

Moreover, the meeting has listed a special agenda of merger and acquisition of potential BFIs. For this, the meeting will delegate authority to BOD to forward the process. 

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