Garima Bikas Bank Limited (GBBL) has called its 15th AGM on 18th Chaitra, 2078. The meeting will be held in Hotel Pokhara Grande, Birauta, Pokhara, starting at 10: 30 am that day.
Among other agendas, this AGM will endorse a 16% dividend for the fiscal year 2077/78. This dividend has been proposed from the retained earnings and share premium of both Garima Bikas Bank and Sahara Bikas Bank. The 270th meeting of the board of directors held on Poush 22 decided to distribute the entirety of the dividend in bonus shares from the paid-up capital of Rs. 3,94,81,83,105.08. This is the paid-up capital maintained after the acquisition of Sahara Bikas Bank in a 1: 1 swap ratio. Thus, the bonus shares are worth Rs….
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