11th Annual General Meeting of Bhargav Bikash Bank on 30th Chaitra; to endorse 6% cash dividend
Sun, Mar 24, 2019 1:36 PM on AGM/Special AGM, Latest, Stock Market,
Bhargav Bikash Bank Limited (BHBL) is going to conduct its 11TH Annual General Meeting on Chaitra 30, 2075. The meeting is going to be held at View Hotel Siddhartha Pvt. Ltd, Karkado, Nepalgunj at 10:00 AM.
Main Agendas of the meeting are:
- To discuss on the audited financial statements of the FY 2074/75.
- To endorse financial highlights of 2074/75 FY. And to appoint auditor for 2075/76 FY.
- As per Companies Act 2063 section 111, H.K Associates is eligible for the re- appointment as a mandatory auditor.
- To amend the memorandum of association and articles of association.
- To provide authority for BOD to act on bank’s decision to merge or acquire with suitable other bank and financial institution.
- As per provisions contained in Merger and Acquisition Act 2073, independent professional to be hired for evaluating company’s existing Assets and Liabilities and to carry forward the merger and acquisition process.
Out of total existing paid up capital of the company 6% cash dividend of Rs 3,00,96,000 will be endorsed by BOD on the same meeting.
For the purpose of the meeting the shareholders register book of the bank will remain closed on Chaitra 22, 2075 i.e the shareholders holding the shares of the bank till Chaitra 21, 2075 can claim for dividend and participate in the AGM.
