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Prudential Capital Initiates Auction of Shine Resunga Development Bank Promoter Shares Business | Market | Economy

Prudential Capital Initiates Auction of Shine Resunga Development Bank Promoter Shares

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NEPSE Ends Suspension on Muktinath Bikas Bank Securities Trading Following Dividend Disclosure Delay Business | Market | Economy

NEPSE Ends Suspension on Muktinath Bikas Bank Securities Trading Following Dividend Disclosure Delay

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NEPSE Lifts Trading Suspension on Muktinath Bikas Bank: Resumes After Delayed Dividend Information NEPSE NEWS

NEPSE Lifts Trading Suspension on Muktinath Bikas Bank: Resumes After Delayed Dividend Information

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NEPSE Index Faces Setback: Daily Market Recap and Sector Analysis in Nepal NEPSE NEWS

NEPSE Index Faces Setback: Daily Market Recap and Sector Analysis in Nepal

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Nepal Stock Exchange (NEPSE) Faces Decline: Daily Market Overview and Sector Analysis NEPSE NEWS

Nepal Stock Exchange (NEPSE) Faces Decline: Daily Market Overview and Sector Analysis

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Universal Power Company Limited (UPCL) Announces AGM with Dividend Declarations and Key Agendas Dividend

Universal Power Company Limited (UPCL) Announces AGM with Dividend Declarations and Key Agendas

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Purwanchal Lube Oil Limited Announces 24th AGM with Key Agendas and Company Overview Business | Market | Economy

Purwanchal Lube Oil Limited Announces 24th AGM with Key Agendas and Company Overview

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Gold Prices Surge in Nepal: Rs. 600 Increase per Tola from Monday’s Rates Gold | Silver | Forex

Gold Prices Surge in Nepal: Rs. 600 Increase per Tola from Monday’s Rates

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Sarbottam Cement Makes History with SEBON Approval for First Book-Building IPO in Nepal IPO | FPO

Sarbottam Cement Makes History with SEBON Approval for First Book-Building IPO in Nepal

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Nepal Declares Public Holidays for Christmas, Udhauli Parva, and Yomari Punhi, Embracing Cultural Diversity Dividend

Nepal Declares Public Holidays for Christmas, Udhauli Parva, and Yomari Punhi, Embracing Cultural Diversity

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Hams Hospital Makes Historic Move with Initial Public Offering, Paving the Way for Health Sector Entry into Nepal’s Capital Market IPO | FPO

Hams Hospital Makes Historic Move with Initial Public Offering, Paving the Way for Health Sector Entry into Nepal’s Capital Market

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Garima Bikas Bank Limited (GBBL) has announced its 17th Annual General Meeting (AGM) scheduled for Poush 29, 2080. The venue for the meeting is set at Hotel Pokhara Grande in Pokhara, Kaski. One of the key agenda items for the AGM is the endorsement of a 10% dividend for the fiscal year 2079/80. This decision was reached during the 297th meeting of the board of directors held on Poush 04, 2080. The proposed distribution includes 9.50% bonus shares totaling Rs. 49.28 crores and 0.50% cash dividend (inclusive of tax) amounting to Rs 2.59 Crores. Another significant agenda involves the endorsement of the auditor’s report, encompassing profit and loss statements, financial reports, and cash flow reports. Additionally, the appointment of an auditor for the fiscal year 2080/81 is on the agenda. There is also a proposal to increase the authorized capital of the company to Rs. 5.70 Arba. Furthermore, there is an agenda addressing the identification of a suitable development bank for potential merger and acquisition with Garima Bikas Bank Limited. The book closure date is set from Poush 17 to Poush 29, allowing shareholders holding shares before this period to be eligible for the dividend payout and attend the AGM. Dividend

Garima Bikas Bank Limited (GBBL) has announced its 17th Annual General Meeting (AGM) scheduled for Poush 29, 2080. The venue for the meeting is set at Hotel Pokhara Grande in Pokhara, Kaski. One of the key agenda items for the AGM is the endorsement of a 10% dividend for the fiscal year 2079/80. This decision was reached during the 297th meeting of the board of directors held on Poush 04, 2080. The proposed distribution includes 9.50% bonus shares totaling Rs. 49.28 crores and 0.50% cash dividend (inclusive of tax) amounting to Rs 2.59 Crores. Another significant agenda involves the endorsement of the auditor’s report, encompassing profit and loss statements, financial reports, and cash flow reports. Additionally, the appointment of an auditor for the fiscal year 2080/81 is on the agenda. There is also a proposal to increase the authorized capital of the company to Rs. 5.70 Arba. Furthermore, there is an agenda addressing the identification of a suitable development bank for potential merger and acquisition with Garima Bikas Bank Limited. The book closure date is set from Poush 17 to Poush 29, allowing shareholders holding shares before this period to be eligible for the dividend payout and attend the AGM.

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