Siddhartha Bank Passes 15 Percent Dividend

SIDDHARTHA BANK LIMITED
Share It On:

1 February 2021, Kathmandu

The 19th Annual General Meeting of Siddhartha Bank Limited was held on Friday, 3 January 2077 at Amrapali Banquet, Baluwatar, Kathmandu, under the chairmanship of Manoj Kumar Kedia.

The bank’s annual general meeting was held online (virtual) in view of the ongoing risk of a Covid-19 pandemic. Also the recent outbreak of a new species/variant of Covid-19 in Nepal.

The General Meeting decided to increase the paid-up capital of the bank to Rs. 9,78,77,67,138 including 12 percent of the bonus shares of Rs. 1,17,45,32,057 and 3 percent of the cash dividend of Rs. 29,36,33,01.

In addition, Manoj Kumar Kedia, Narendra Kumar Agrawal, and Rahul Agrawal were elected to the Board of Directors following the election of the 19th Annual General Meeting of the Bank.

Similarly, Ankit Kedia was elected without opposition by Dinesh Shankar Palikher on behalf of the General Shareholders’ Group.


Share It On:

Recent Posts

Citizens Bank 11.11 Deals: Exclusive Discounts on Daraz

Citizens Bank 11.11 Deals: Exclusive Discounts on Daraz

Share It On:5th November 2024, Kathmandu Citizens Bank International Limited signed an agreement with Nepal’s leading online marketplace, Daraz, to

Local Talent Shines in Cybersecurity: Bipu Ojha and Tuan Khuat Win CDU IT CodeFair CTF

Local Talent Shines in Cybersecurity: Bipu Ojha and Tuan Khuat

Share It On:5th November 2024, Kathmandu Bipu Ojha and his teammate Tuan Khuat have emerged as winners in the prestigious

CEDB Hydropower’s Extraordinary General Meeting Concluded: Five Directors Elected

CEDB Hydropower’s Extraordinary General Meeting Concluded: Five Directors Elected

Share It On: 5th November 2024, Kathmandu CEDB Hydropower Development Company Limited has successfully concluded its extraordinary general meeting. CEDB

Government’s Journalist Accident Insurance Program: Apply Now For Your Protection

Government’s Journalist Accident Insurance Program: Apply Now For Your Protection

Share It On: 5th November, Kathmandu The Department of Information and Broadcasting has announced the launch of a new insurance

Nepal Life’s Property Acquisition in Hetauda: A Strategic Move For Growth

Nepal Life’s Property Acquisition in Hetauda: A Strategic Move For

Share It On:5th November, Kathmandu Nepal Life Insurance, a leading life insurance company in Nepal, has recently expanded its footprint

Global IME Dividend Announcement: Key Book Closure Date Revealed

Global IME Dividend Announcement: Key Book Closure Date Revealed

Share It On:5th November 2024, Kathmandu Global IME Bank has good news for its shareholders! The bank has announced a