The companies are closing their book on December 16 for upcoming AGM, thus,the shareholders registered in their books till December 15 can attend the AGM and obtain the announced dividend.
Kamana Sewa Bikas Bank (KSBBL) is conducting its 13th AGM on January 2 in Amritbhog, Kalikasthan, Dillibazar at 11:00 AM.
The meeting will endorse a proposal of distributing 6.8 percent cash dividend to its shareholders. Moreover, the meeting will delegate authority to BOD to forward merger/acquisition process with suitable partners
The issue manager of the bank is BOK Capital Market.
Similarly, Nirdhan Utthan Laghubitta (@@) is conducting its AGM on December 29 in Celebration Banquet Party Palace, Naxal at 10:30 AM.
The AGM is supposed to endorse a proposal of distributing 25 percent stock and 15.53 percent cash dividend to its shareholders.
Presently, the company has a paid-up capital of Rs 1.20 billion that will reach Rs 1.50 billion after the bonus share distribution.