Today marks the final opportunity to secure the 6.0527% dividend proposed by Green Development Bank Limited (GRDBL). The company has convened its 12th Annual General Meeting (AGM) on the 27th of Chaitra, 2081, at Hotel Peace Palace in Baglung.
Among various agenda items, the AGM is set to approve the dividend for the fiscal year 2080/81. The 219th meeting of the board of directors, which took place on Poush 02, resolved to disburse 5.75% in bonus shares along with a 0.3027% cash dividend (for tax purposes) based on the paid-up capital. With the company’s paid-up capital at Rs. 53.87 crore, the bonus shares amount to Rs. 3.09 crore, while the cash dividend totals Rs. 16.30 lakhs.
The book closure date is Chaitra 15, 2081. Consequently, shareholders who retain their shares until today are eligible for the dividend payout and are invited to participate in this AGM.
