Last day to secure dividend of Sunrise Bank

Oct 17, 2019 10:12 AM Merolagani

Today is the last day to secure the dividend of Sunrise Bank (SRBL).  The bank is closing its book on October 18 for the upcoming AGM, thus, the shareholders registered in its book till October 17 will be eligible to attend the AGM and obtain the announce dividend.

Sunrise Bank is conducting its 12th AGM on November 1 in Naxal Banquet, Naxal, Kathmandu at 10:00 AM.

The meeting is scheduled to endorse a proposal of distributing 15.80 percent dividend including 10 percent stock and 5.80 percent cash dividend to the shareholders.

Moreover, the meeting has listed a special agenda of merger and acquisition with potential partners. The meeting will delegate authority to BOD to forward the process.

The paid-up capital of the bank will reach Rs 8.96 billion after the bonus share distribution.

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