Kamana Sewa Bikas Bank has scheduled its 19th Annual General Meeting (AGM) on Asoj 24 to endorse a 10% bonus share and 5.7895% cash dividend from last fiscal year’s profit.

Kamana Sewa Bikas Bank Limited has called its 19th Annual General Meeting (AGM) to approve the dividend distribution from the profit of the last fiscal year. The meeting will be held on Asoj 24, 2082 (Friday) at 11:00 AM at Lisara Reception, Bhagwati Bahal, Naxal, Kathmandu.

The AGM will endorse the proposal to distribute a 10 percent bonus share and 5.7895 percent cash dividend (including tax purposes) to shareholders. In addition, the meeting will authorize the Board of Directors to amend the bank’s memorandum and articles of association, elect six directors (three from the promoter group and three from the public group), and appoint auditors, among other agendas.

For the AGM and dividend distribution, the bank has announced a book closure on Asoj 8, 2082. Therefore, shareholders recorded in NEPSE until Asoj 7 will be eligible to participate in the AGM and receive the proposed dividend.

This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.