Nabil Bank is conducting 35th AGM on January 7 in Nepal Pragya Pratisthan, Kamaladi, Kathmandu at 10:00 AM.
The meeting is supposed to endorse a proposal of distributing 34 percent dividend including 22 percent cash and 12 percent stock dividend to its shareholders.
Similarly, the meeting is endorsing a proposal increasing its authorized capital to Rs 11 billion and elect director from promoter shareholders.
Presently, the bank has a paid-up capital of Rs 9.01 billion that will reach Rs 10.09 billion after the bonus share distribution.
