Everest Bank Declares 20% Dividend at 31st AGM, Approves Key Financial and Strategic Decisions
Summary
Everest Bank Limited declared a 20% dividend at its 31st AGM, comprising 6% bonus shares and 14% cash dividend for fiscal year 2081/82, and approved key financial and strategic decisions.
Key Points
- Everest Bank Limited held its 31st AGM on October 29, 2025.
- Shareholders approved a 20% dividend: 6% bonus shares and 14% cash dividend for fiscal year 2081/82.
- Financial statements were approved along with amendments to the Bank’s Memorandum and Articles of Association.
- A new auditor was appointed for fiscal year 2082/83, and only shareholders by Ashwin 23 qualified for dividends.