Everest Bank Limited (EBL) successfully concluded its 31st Annual General Meeting (AGM) on Wednesday, October 29, 2025, with shareholders unanimously approving a 20% dividend, generating widespread enthusiasm among investors.
The AGM, held at Amrapali Banquet, Bhatbhateni and commencing at 11:00 AM, endorsed the Board of Directors’ recommendation of a 6% Bonus Share and a 14% Cash Dividend (including tax on the bonus share) for the fiscal year 2081/82.
Key Decisions and Approvals:
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Approval of the financial statements for FY 2081/82, including Balance Sheet, Profit & Loss Account, and Cash Flow Statement, along with the Chairman’s Annual Report and the Auditor’s Report.
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Passage of a special resolution to amend the Bank’s Memorandum and Articles of Association.
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Appointment of a new auditor for FY 2082/83 and determination of their remuneration.
Dividend Eligibility:
For dividend distribution, the book closure date was set as Ashoj 24 (September 10). Shareholders whose share transactions were recorded by Ashoj 23 are eligible to receive the approved dividend.
The AGM was attended by the Chairman, CEO, Board of Directors, shareholders, and representatives from regulatory bodies. Everest Bank has announced that the dividend distribution process will commence shortly.
This 31st AGM is expected to provide a strategic direction for the bank’s future policies, profitability, and institutional reforms, reinforcing its commitment to shareholder value and long-term growth.
