Today Is the Last Day to Secure Standard Chartered Bank’s Dividend; Book Closure from Tomorrow

Standard Chartered Bank Nepal Limited has set today, Mangsir 15, as the final day for shareholders to secure the right to the bank’s proposed dividend. With the bank preparing to begin its book closure from tomorrow, Mangsir 16, only those shareholders whose names are recorded in NEPSE by the end of today will be eligible to attend the upcoming annual general meeting (AGM) and receive the proposed dividend.

The bank has already initiated preparations for its 39th Annual General Meeting, scheduled for Mangsir 29 (Monday). The meeting will take place at the Army Officers Club, Bhadrakali, Kathmandu, starting at 10 AM. As the book closure date approaches, investors have shifted their focus toward securing their dividend rights before the deadline.

Shareholders who complete their transactions and have their names listed in NEPSE by today will retain their rights to participate in the AGM and receive the proposed dividend. Those who purchase the bank’s shares after the book closure begins tomorrow will not be eligible for this year’s dividend distribution.

The AGM will endorse the bank’s proposal to distribute a 19 percent cash dividend (tax included) based on its current paid-up capital. The proposal includes only cash dividends this year—an announcement that is expected to positively impact investor liquidity and sentiment.

Additionally, the AGM will discuss several key resolutions, including amendments to the bank’s Memorandum and Articles of Association, appointment of an auditor, and granting necessary authority to the Board of Directors to carry out decisions as required. In its official notice, the bank reaffirmed its commitment to strong corporate governance, transparency, and long-term institutional stability.