Kathmandu. Shangrila Development Bank Limited has concluded its 22nd Annual General Meeting. The AGM held on Thursday, October 7 at Alice Reception, Gairidhara, Kathmandu has approved a proposal to distribute a total dividend of 10.5263 percent. <\/p>\n
The current issued and paid-up capital of the bank will be Rs. 3,73,40,68,505.53 (Rs. 3,73,40,68,505.53) i.e. cash dividend (including tax) equivalent to 6.5263 percent (Rs. 24,36,97,102.47) (Rupees 24,36,97,102,47,102.77) and 4% of the current paid-up capital i.e. Rs. 14,93,62,740.22 (Fourteen Crore Ninety-Three Lakhs Sixty Two Thousand Seven Hundred and Forty Two Twenty-Two Rupees) has bonus shares. <\/p>\n
With the approval of this proposal, the paid-up capital of Shangri-La Development Bank will now be Rs 3,88,34,31,245.75 (Rs 3 billion eighty-eight crore, thirty-four lakh thirty one thousand two hundred and forty-five rupees seventy-five paise). The AGM also elected a six-member new board of directors unopposed for the next four years. Ujjwal Satyal, Sushil Kaji Baniya and Shyam Kumar Sharma are the promoter shareholders and Bishnu Prasad Dhakal, Krishna Prasad Regmi and Bhawana Agrawal are the general shareholders. <\/p>\n
Meanwhile, a meeting of the newly elected board of directors elected Ujjwal Satyal as the chairman of the board of directors. The general meeting also passed the proposal for the appointment of auditor, amendment of the memorandum of understanding, merger and acquisition, along with the financial statement of the financial statement for the financial year 2008\/83. Due to the strong trust and confidence of the general public, the bank currently provides services through 109 branches and 30 ATMs across the country. <\/p>\n\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Shangrila Development Bank Limited has concluded its 22nd Annual General Meeting. The AGM held on Thursday, October 7 at Alice Reception, Gairidhara, Kathmandu has approved a proposal to distribute a total dividend of 10.5263 percent. The current issued and paid-up capital of the bank will be Rs. 3,73,40,68,505.53 (Rs. 3,73,40,68,505.53) i.e. cash dividend (including […]<\/p>\n","protected":false},"author":1,"featured_media":40412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[123,126,147],"tags":[],"class_list":["post-40417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-update-en","category-banking-news-en","category-news-en"],"acf":[],"jetpack_featured_media_url":"https:\/\/bankingsansar.com\/wp-content\/uploads\/2026\/10\/shangril-a.jpg","publishedDateNp":"\u0968\u0969 \u0906\u0936\u094d\u0935\u093f\u0928 \u0968\u0966\u096e\u0969, \u0936\u0941\u0915\u094d\u0930\u092c\u093e\u0930 \u0967\u096e:\u0966\u0967","_links":{"self":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts\/40417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/comments?post=40417"}],"version-history":[{"count":1,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts\/40417\/revisions"}],"predecessor-version":[{"id":40418,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts\/40417\/revisions\/40418"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/media\/40412"}],"wp:attachment":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/media?parent=40417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/categories?post=40417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/tags?post=40417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}