The meeting will endorse a proposal of distributing 3.3663 percent stock and 7.6337 percent cash dividend to its shareholders.
Moreover, the meeting will delegate authority to BOD to forward merger/acquisition process with suitable partners and appoint foreign strategic partner.
Given that the bank is in merger process with Kumari Bank, its trading has been suspended by September 26 , thus, the shareholders registered in its book till September 25 will be eligible to attend the AGM and obtain the announced dividend.
