10th AGM of Om Dev. Bank approves 29.20% bonus share

Om Development Bank Limited (ODBL) has successfully conducted its 10^th Annual General Meeting (AGM) on Poush 8, 2073. The AGM has approved 29.20% bonus share to its shareholders from the net profit it earned in the FY 2072/73. Bishwo Mohan Adhikari, CEO of the bank said, ‘After bonus share distribution the development bank’s paid up capital will reach to Rs 1.36 arba.’ Likewise after merger with Manaslu Bikas Bank, the bank will again distribute bonus and right share. With this, its paid up capital will reach to Rs 2.54 arba added Mr Adhikari. In addition, the bank elected altogether 8 BOD members, 4 members each from promoter and public shareholders group.