Kamana Sewa’s HUGE Dividend Announcement! 💰 Book Close Date REVEALED! 👀🗓️

Kamana Sewa Bikas Bank Announces Annual General Meeting and Dividend!

Are you a shareholder of Kamana Sewa Bikas Bank? Get ready for some exciting news! The bank has announced its 19th Annual General Meeting (AGM) to approve the dividend distribution for the last fiscal year. This is a crucial event for all investors and shareholders, so mark your calendars!

The AGM is scheduled to take place on Friday, October 24th, at 11:00 AM at Lisara Reception, Bhagwati Bahal, Nakshal, Kathmandu.

What’s on the Agenda?

The primary focus of the AGM will be the approval of the dividend. Kamana Sewa Bikas Bank is proposing a generous dividend payout. They will be seeking approval for a 10% bonus share from the current paid-up capital, along with a 5.7895% cash dividend, including tax purposes. This is great news for all Kaman Sewa Bikas Bank shareholders!

Besides the dividend approval, the AGM will also address several other key proposals. These include:

• Authorizing the Board of Directors to amend the Articles of Association and the Bylaws.
• Electing six directors: three from the promoter shareholders and three from the general public.
• Appointing an auditor.

Book Close Date – Important Information for Shareholders!

To be eligible to participate in the AGM and receive the dividend, it’s essential to understand the book close date. The bank has set the book close date for one day only: October 8th. This means that if you are a registered shareholder of Kamana Sewa Bikas Bank and your name appears in the shareholder records as of the end of trading on October 7th, you’ll be entitled to the dividend. Make sure you complete any share transactions before the book close date to secure your eligibility. If you are looking for stock market information, ensure you do not miss out on this opportunity.

This AGM is a significant event for Kamana Sewa Bikas Bank. It’s a chance for shareholders to participate in the decision-making process and benefit from the company’s performance. Keep an eye on the Nepal Stock Exchange (NEPSE) for any updates related to the book close and dividend distribution. This is a perfect time for stock investment opportunities. Don’t miss out on this exciting opportunity for financial growth!