Excel Development Bank Limited (EDBL) has announced that it will not pay dividends in fiscal year 2078/79.
The EDBL Board of Directors decided on Chaitra 27, 2079, that no dividends will be paid for fiscal year 2078/79. The financial statements, however, are subject to approval by Nepal Rastra Bank and the company’s upcoming Annual General Meeting.
Highlights:
- There will be no dividend paid to Unnati Sahakarya Laghubitta (USLB) shareholders in fiscal year 2078/79.
- Sabaiko Laghubitta Approves 18.95% Dividend for Fiscal Year 2078/79
- Mahila Laghubitta Calls 5th Annual General Meeting on February 21 to Support 50% Dividend
- Aviyan Laghubitta (AVYAN) shareholders will not receive a dividend in fiscal year 2078/79.
- Swarojgar Laghubitta Announces Book Closure Date for its Dividend of 23.157%