The stock exchange adjusted the stock price at Rs 320 after adjustment of 10 percent stock dividend.
Sanima Bank has called out 16th AGM on November 13 in Amrapali Banquet, Baluwatar, Kathmandu at 11:00 AM.
The meeting will endorse a proposal of distributing 10 percent stock and 3.6 percent cash dividend to its shareholders. Moreover, the meeting will delegate authority to BOD to forward merger/acquisition process.
As per the government order of minimizing mass gathering, the meeting will provide entrance access to limited number of shareholders only others can join the meeting through virtual medium.
At present, the bank has a paid-up capital of Rs 8.80 billion that will reach Rs 9.68 billion after the bonus share distribution.
