Nabil Stock Dealer: 8% Cash Dividend Announced, Annual General Meeting on Asoj 20

Nabil Stock Dealer Limited has announced an 8% cash dividend and called for its Annual General Meeting (AGM) on Asoj 20. The decision to hold the AGM in the meeting hall of its registered office at Durbar Marg was made in the Board of Directors' meeting.

Proposals to Be Presented at the AGM:

• Dividend Distribution:

  • Approval of the proposal to distribute an 8% cash dividend to shareholders from last year's profits.

• Approval of Reports:

  • Approval of the annual report and the auditor's report.

  • Appointment of an auditor for the current fiscal year.

• Amendment of Memorandum and Articles of Association:

  • Approval of a proposal to authorize the Board of Directors to amend certain provisions of the company's memorandum and articles of association.

Company Background:

• Subsidiary Company: Nabil Stock Dealer Limited is a subsidiary of Nabil Bank.

• Paid-Up Capital: NPR 1.52 billion.

• Services: Stock dealing, full-time securities brokerage services, underwriting services, investment advisory services, etc.

This AGM will take important steps in the company's financial and managerial decisions, helping to further strengthen the company.