Kumari Bank Limited and Citizens Bank International Limited have called their annual general meetings on Asoj 28 to endorse dividends for their shareholders.
Kumari Bank Limited and Citizens Bank International Limited have called their Annual General Meetings (AGM) to pass dividend announced from profit of last fiscal year. Both commercial banks will hold their meeting on Asoj 28, Wednesday.
Kumari Bank 26th AGM Details
Kumari Bank has called its 26th AGM at Silver Oak Banquet and Events, Subarna Shamsher Marg, Kathmandu on Asoj 28. The program will start at 11 AM in morning. Meeting will endorse the proposal to distribute 2.0156 percent cash dividend including tax on current paid up capital. Other agendas like approving financial reports and appointing auditor will also be discussed.
For purpose of AGM and dividend distribution, bank is closing its book for one day on Asoj 19. This means shareholders who trade in NEPSE till Asoj 16 can attend AGM and receive proposed dividend.
Citizens Bank International 20th AGM Details
Likewise, Citizens Bank International has called its 20th AGM at Amritbhog, Kalikasthan, Dillibazar, Kathmandu on Asoj 28. The program will start at 11 AM. Meeting will pass special proposal of 3.8 percent bonus shares and 0.2 percent cash dividend for tax purpose on current paid up capital. Giving authority to board of directors to amend memorandum and articles of association will also be passed.
Citizens Bank has also fixed book closure date for one day on Asoj 19. Therefore, shareholders maintained in NEPSE till Asoj 16 are eligible to attend AGM and get proposed dividend.
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