AGM and Rights shares of Innovative Development Bank Ltd.

Thursday, March 23, 2017 on AGM/Special AGM, Dividend, Bonus & Rights,

  Innovative Development Bank Ltd. has informed NEPSE on 2073-12-10 that the 177th BOD Meeting of the company held on 2073-12-09 has decided that 7th Annual General meeting of the company is going to be held on 2073-12-31. The company--s book was closed since 2073-03-12. The same meeting has decided to issue 40% Rights shares after Bonus shares(after the acuisition of Innovative Development Bank Ltd. by Century Commercial Bank ltd.) to their shareholders.