NMB Bank Sets Book Closure Date; Schedules 30th AGM on Poush 24

Kathmandu — NMB Bank Limited has announced the schedule for its 30th Annual General Meeting (AGM) and disclosed the book closure date for dividend entitlement.

The bank will hold its AGM on Poush 24, 2082. The decision was made at the 499th meeting of the Board of Directors held on Mangsir 5.

Among the key agenda items, the AGM will consider and approve a 10.37 percent dividend for the fiscal year 2081/82. Based on the bank’s paid-up capital of Rs. 18.36 billion, the board has proposed distributing a 5 percent bonus share dividend worth Rs. 918.3 million and a 5 percent cash dividend (including tax) also worth Rs. 918.3 million.

The bank has fixed Poush 9 as the book closure date. Accordingly, only shareholders who maintain their shareholding until before Poush 9 will be eligible to receive the proposed dividend and attend the AGM.