Garima Bikas Bank Unveils Book Closure Date for its 10.53% Dividend; Calls AGM on Kartik 27
Summary
Garima Bikas Bank Limited announces its 19th AGM for Kartik 27, 2082 at Hotel Pokhara Grande and proposes a 10.53% dividend including bonus shares amid plans for a merger and acquisition.
Key Points
- Garima Bikas Bank Limited has called its 19th Annual General Meeting on Kartik 27, 2082 at Hotel Pokhara Grande, Pokhara.
- The bank proposes a total dividend of 10.53%, comprising a 6% bonus share and 4.53% cash dividend, subject to approval by Nepal Rastra Bank and AGM endorsement.
- The paid-up capital of the bank currently stands at Rs. 5.68 Arba, expected to increase to approximately Rs. 6.02 Arba after bonus shares distribution.
- The AGM agenda includes endorsing financial reports, appointing an auditor for fiscal year 2082/83, and identifying a development bank for merger and acquisition.
