Last day to secure dividend of Jyoti Bikas Bank

Jan 12, 2021 09:32 AM Merolagani

Today is the last day to secure dividend of Jyoti Bikas Bank (JBBL). The bank is closing its book from January 13, thus, the shareholders registered in its book till January 12 will be eligible to attend the AGM and obtain the announced dividend.

The bank is conducting its 13th AGM on January 27 in Tribhuwan Army Officers Club, Bhadrakali at 11:00 AM.

The bank will endorse a proposal of distributing 10 percent stock dividend to its shareholders. Moreover, the bank will restructure its share ownership through the AGM. The bank is planning to maintain 51 percent promoter shares from the existing 54.35 percent.

Similarly, the meeting will also delegate authority to BOD to forward merger/acquisition with suitable partners.

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