The companies are closing their books on November 30 for the upcoming AGM, thus, the shareholders registered in its book till November 29 will be eligible to attend the AGM and obtain the announced dividend.
Mega Bank Nepal (MEGA) is conducting its 11th AGM on December 14 in Nepal Pragya Bhawan, Kamaladi at 11:15 AM.
The meeting will endorse a proposal of distributing 10 percent stock and 2.07 percent cash dividend to its shareholders.
Moreover, the meeting will delegate authority to BOD to forward merger/acquisition with suitable partners.
Similarly, Global IME Laghubitta Bittiya Sanstha (GILB) is conducting its 9th AGM on Hotel Pokhara Grand, Pardi on December 14 at 10 AM.
The meeting will endorse a proposal of distributing 28 percent stock dividend to its shareholders. Moreover, the meeting will delegate authority to BOD to amend article of association to carry out digital banking and to forward merger/acquisition with suitable partners.
The company has a paid-up capital of Rs 431.7 million that will reach Rs 552.5 million after the bonus share distribution.