NIMB ACE Capital Proposes 20 Percent Cash Dividend, Convenes 14th AGM on Kartik 20

16th October 2026, Kathmandu

NIMB Ace Capital Limited has announced a 20 percent cash dividend proposal for its shareholders and formally called its 14th Annual General Meeting (AGM) to be held on Friday, Kartik 20, 2083.

NIMB ACE Cash Dividend 

AGM Schedule, Venue, and Board Resolution Details

The capital market subsidiary scheduled its general assembly following a board of directors meeting that reviewed annual financial performance and profit distributions.

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• Meeting Date and Time: The 14th Annual General Meeting is scheduled for Kartik 20, 2083 (November 6, 2026), commencing at 11:30 AM.
• Meeting Venue: The general assembly will be hosted at the company’s central meeting hall located in Lazimpat, Kathmandu.
• Board Decision Date: The 157th meeting of the board of directors, held on Ashwin 27, 2083 (October 13, 2026), formally resolved to convene the AGM.

Dividend Proposal and Capital Return Endorsement

The general assembly will deliberate on and approve the cash dividend payout proposed by the board for the previous fiscal year.

• Dividend Rate and Amount: Proposing a 20 percent cash dividend amounting to NPR 200 million calculated against the company’s current paid-up capital.
• Tax-Inclusive Distribution: The distributed cash dividend is inclusive of applicable government taxes.
• Shareholder Entitlement: The proposed dividend will be disbursed to eligible shareholders following formal approval by the general assembly.

Financial Approvals and Statutory Corporate Governance

The AGM agenda also covers routine financial reviews, statutory appointments, and corporate social responsibility (CSR) ratifications.

• Financial Reports: Review and approval of the annual report, independent auditor’s report, profit and loss statements, and cash flow statements for fiscal year 2082/83.
• Statutory Auditor Appointment: Appointment of external auditors for the upcoming fiscal year 2083/84 and determination of their remuneration package.
• CSR Expenditure Ratification: Formal endorsement of financial grants and donations disbursed under corporate social responsibility (CSR) programs during fiscal year 2082/83.

For More: NIMB ACE Cash Dividend