Agricultural Development Bank Limited (ADBL) has called its 18th Annual General Meeting (AGM) and proposed a final dividend for the fiscal year 2081/82.
Dividend Breakdown:
- Total Dividend: 13% on the paid-up capital of Rs. 13.85 Arba
- Bonus Shares: 3.25%
- Cash Dividend: 9.75% (including tax)
AGM & Book Closure Details:
- AGM Date: 29th Mangsir, 2082
- AGM Venue: Agriculture Development Bank Central Training Centre, Bhaktapur
- AGM Time: 11:00 A.M.
- Book Closure Date: Mangsir 14, 2082
Additional AGM Agendas:
- Endorsement of the auditor's report, financial statements, and profit/loss account.
- Appointment of an auditor for the fiscal year 2082/83.
- Approval of a 6% cash dividend for holders of Non-Cumulative Irredeemable Preference Shares.
Shareholders registered in the company's books before the book closure date (Mangsir 14) are entitled to the proposed dividend and are eligible to attend the AGM.