Today marks the deadline for investors to secure dividends from Standard Chartered Bank Nepal Limited (SCB) and RSDC Laghubitta Bittiya Sanstha Limited (RSDC).
SCB has scheduled its 37th Annual General Meeting (AGM) for Sunday, 24th Mangsir, 2080 (10th December 2023) at the Army Officers Club, Bhadrakali, Kathmandu, starting at 1 PM. To participate, attendees must sign the attendance book, open from 8:00 AM onwards. Among the agenda items, the AGM will approve a 19% cash dividend (inclusive of tax), equivalent to 19 rupees, considering the bank’s paid-up capital of Rs. 9.42 Arba. The book closure date is on 7th Mangsir, 2080, making shareholders as of today eligible for the dividend payout and AGM attendance.
Similarly, RSDC Laghubitta Bittiya Sanstha Limited (RSDC) has announced its 10th AGM on 15th Mangsir, 2080, to be held in Butwal. The AGM agenda includes the endorsement of a 9.0526% dividend from the paid-up capital of Rs. 86.95 Crores. In its 149th board meeting on 18th Kartik 2080, the company proposed 8.60% bonus shares worth Rs. 7.47 Crores and 0.4526% for cash dividends amounting to Rs. 39.35 lakhs. Similar to SCB, the book closure date for RSDC is on 7th Mangsir, 2080, granting shareholders until today eligibility for dividend receipt and participation in the AGM.