Everest Bank Concludes 32nd Annual General Meeting, Approves 15 Percent Dividend

1st October 2026, Kathmandu

Everest Bank Limited successfully concluded its 32nd Annual General Meeting (AGM) on Ashwin 14, 2083 BS.

Everest Bank 32nd AGM 

The general assembly formally endorsed the company’s financial reports and auditor reports for the fiscal year 2082/83.

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Dividend Approval and Capital Restructuring

The shareholders approved the dividend distribution package proposed by the board of directors for the completed fiscal year.

• Dividend Breakdown: The AGM passed the proposal to distribute a total 15 percent dividend, comprising 5 percent bonus shares and 10 percent cash dividend (including tax applicable to the bonus shares).
• Memorandum Amendment: Following the distribution of the 5 percent bonus shares, the resulting increase in paid-up capital led the meeting to pass a special resolution amending the bank’s Memorandum and Articles of Association accordingly.

Auditor Appointment

Statutory Auditor: The assembly unanimously approved the appointment of M/S G.P. Rajbahak & Company as the official statutory auditor of the bank for the fiscal year 2083/84.

For More: Everest Bank 32nd AGM