Sunrise Bank Conducting AGM Today

Nov 01, 2019 09:39 AM Merolagani

Sunrise Bank (SRBL) is conducting its 12th AGM today, 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.

In this regard, the bank closed its book on October 18 thus the shareholders registered in its book till October 17 are eligible to attend the AGM and obtain the announce dividend.

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

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