Agricultural Development Bank Limited (ADBL) Proposes 13% Dividend for FY 2081/82

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.

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