Shangri-la Development Bank Call for 22nd Annual General Meeting: Dividend Approval and Book Closure Date
16th September 2026, Kathmandu
Shangri-la Development Bank Limited has officially announced its 22nd Annual General Meeting (AGM) to approve dividend distribution and other key agendas.
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Shangri-la Bank Calls AGM
AGM Schedule and Venue Details
- Date of AGM: Ashwin 22, 2083
- Time: 10:00 AM
- Venue: Alice Reception, Gairidhara, Kathmandu
Dividend Endorsement
The general meeting will endorse a total dividend package based on the bank’s existing paid-up capital:
- Bonus Shares: 4%
- Cash Dividend: 6.5263% (including tax purposes)
Key Agendas
- Board Election: Election of 6 Board Directors (3 representing promoter shareholders and 3 representing public shareholders).
- Governance Amendments: Granting authority to the Board of Directors to amend the Memorandum of Association and Articles of Association.
- Merger and Acquisition Authority: Mandating the Board of Directors to carry out procedures related to potential mergers and acquisitions with other suitable financial institutions.
- Financial Approvals: Appointment of external auditors and standard financial reporting approvals.
Book Closure and Shareholder Eligibility
- Book Closure Period: Ashwin 8, 2083 to Ashwin 22, 2083
- Eligibility Cut-off Date: Shareholders holding shares traded and registered in NEPSE up to Ashwin 7, 2083 will be eligible to participate in the AGM and receive the approved dividend.
For More: Shangri-la Bank Calls AGM
