Kamana Sewa Bikas Bank Limited (KSBBL) has scheduled its 16th Annual General Meeting for the 31st of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day at the Siddhartha Boutique Hotel in Kathmandu.
Among the other items on the agenda, the AGM will approve a 4.64% cash dividend for fiscal year 2078/79. The dividend would be paid from the company’s paid-up capital of Rs. 3.14 Arba. A cash dividend of 0.23% and 4.41% bonus shares have been recommended. Thus, the bonus shares are worth little more than Rs. 13.85 crores, and the cash dividend is worth slightly more than Rs. 72.94 lakhs.
The book will be closed on Baisakh 15. As a result, shareholders who held shares prior to that date are entitled to dividends and are welcome to attend this AGM.