Siddharth Bank called the annual general meeting to pass the dividend proposal
-
Media Baaji
- Sun, 19 October 2025
Kathmandu. Siddharth Bank has announced to distribute dividends to the shareholders from the profits of the last financial year. The bank has announced that it will distribute bonus shares at the rate of 5% of the paid-up capital and 5.53% cash dividend including tax purposes.
To pass the dividend proposal, the bank has convened the twenty-fourth annual general meeting to be held at Army Officers Club, Bhadrakali, Kathmandu on 30th November. The meeting will pass resolutions to authorize the Board of Directors to amend the Articles of Association and Regulations, to approve the additional expenses incurred during the appointment of directors and to carry out social responsibility, and to appoint auditors.
Related News
Growing interest in hundred-leafed flower farming in Tanahun's Bhima: local production displacing imports
Damauli. In Bhimad municipality of Tanahun, the interest of farmers towards hundred-leaf flower farming is increasing rapidly. Since flowers are being produced commercially at the local level, the dependence on imported flowers during festivals is...
Extensive changes in the tax system by the government through the budget: Abolition of some taxes and fees
Kathmandu. With the aim of providing relief to citizens and businessmen through the budget of the next financial year, the Government of Nepal has canceled some of the taxes and fees imposed in the past and has significantly reduced some of them....
Foreign Currency Exchange Rates: The value of the Euro and Pound fluctuates with the US Dollar
Kathmandu. According to the foreign currency exchange rate determined by Nepal Rastra Bank for today, the buying rate of one US dollar has remained at 150 rupees 88 paise and the selling rate has been maintained at 151 rupees 48 paise. While the b...
Sanima Middle Tamor Hydropower's dividend declaration, general meeting call
Kathmandu. Sanima Middle Tamor Hydropower Limited is going to distribute 5.263 percent cash dividend to the shareholders. The meeting of the board of directors of the company has proposed to distribute the dividend from the distributable accumulat...
Double-digit decline in NEPSE, turnover fell to 10.77 billion
Kathmandu. On the second trading day of the week, the NEPSE index decreased by 26.05 points to 2672.39. Today, during the day, 267 million 66 thousand 347 shares of 324 companies were bought and sold, totaling 10.77 billion 39 million shares. Toda...
Here is the foreign currency exchange rate today
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for today. Today, most foreign currencies rose in value, including the US dollar, Australian dollar, pound, Kuwaiti and Bahraini dinars. However, some currencies,...