Siddhartha Bank Concludes 25th Annual General Meeting, Approves 20 Percent Total Dividend

15th October 2026, Kathmandu

Siddhartha Bank Limited successfully convened its 25th Annual General Meeting on Ashwin 28, 2083 (October 14, 2026) at the Army Officers Club in Bhadrakali, Kathmandu, under the chairmanship of Board Chairman Rahul Agrawal.

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Siddhartha Bank 25th AGM

Annual General Meeting Approvals, Dividend Breakdown, and Financial Endorsements

The commercial bank’s general assembly reviewed and formally approved financial reports and dividend distributions for the fiscal year 2082/83.

• Ordinary Share Dividend Proposal: Approved a total dividend distribution of 20 percent on the current ordinary paid-up capital of NPR 14.794 billion (NPR 14,79,44,79,195).
• Bonus Share Allocation: Endorsed a 10 percent bonus share distribution amounting to NPR 1.479 billion (NPR 1,47,94,47,920).
• Cash Dividend Component: Approved a 10 percent cash dividend amounting to NPR 1.479 billion (NPR 1,47,94,47,920), which includes provisions for applicable dividend taxes on both bonus shares and cash distributions.
• Preference Share Dividend: Approved an 8.25 percent cash dividend (inclusive of tax purposes) on the perpetual non-cumulative preference share capital of NPR 3.50 billion (NPR 3,50,00,00,000), calculated proportionally for 136 days from the share allotment date through Ashad masianta, 2083, amounting to NPR 107.589 million (NPR 10,75,89,041).
• Annual Financial Statements: Unanimously adopted the board of directors’ annual report, auditor’s report, and integrated financial statements for the fiscal year ending Ashad masianta, 2083—including the balance sheet, profit and loss account, cash flow statement, and statement of changes in equity.
• External Auditor Appointment: Appointed external auditors for the upcoming fiscal year and fixed their remuneration.

For More: Siddhartha Bank 25th AGM