Ace Development Bank Limited (ACEDBL) will be holding its 10
th AGM on Poush 23, 2072. The meeting will be held at Lainchaur Banquets, Nepal Scout Compound, Lainchaur, Kathmandu.
The main agendas of the meeting are:
- To increase the authorized capital to Rs 1.10 arba.
- To endorse 13 percent bonus share from the net profit it earned from the fiscal year 2071/72
- To Authorize BOD to initiate the acquisition process with other financial institutions.
- To amend the memorandum of association
Other Agendas of the AGM include Financial highlights of 2071/72, appointment of auditor, to increase issued capital and paid up capital.
Only those shareholders owning shares till Poush 7 will be entitled to the dividend of the company. The register of their shareholders will remain close from Poush 8, 2072 till Poush 23, 2072 for the purpose of its upcoming (AGM),
ACEDBL had earned net profit of Rs. 3.98 crore in the first quarter of current fiscal year 2072/73 unaudited report. It’s paid up capital remains at Rs. 88.53 crore in Q1. After distributing 13 percent bonus share it’s paid up capital will rise to Rs.1 arba.
Likewise
, Sahayogi Vikas Bank Limited (SHBL) will be holding its 12th Annual General Meeting (AGM) on Poush 25, 2072. The AGM will be held at bank head office, Janakpur at 1:00 PM.
The main agenda of the AGM is to endorse 28 percent bonus share from the net profit it earned from the fiscal year 2071/72 and authorize BOD to amend the article of association as directed by registrar officer or the Nepal Rastra Bank.
Other Agendas of the AGM include financial highlights of 2071/72, appointment of auditor endorse 1.47% cash dividend for the tax purpose and to elect 3 BOD members from promoter shareholder group and 2 BOD member from public shareholders group. .
Only those shareholders owning shares till Poush 8 will be entitled to the dividend of the company. The register of their shareholders will remain close from Poush 9, 2072 till Poush 25, 2072 for the purpose of its upcoming (AGM).
SHBL had earned net profit of Rs 65.17 lakh in the first quarter of the fiscal year 2072/73. Its paid up capital remains at Rs, 20.14 crore and after issuance of bonus share its paid up capital will rise to Rs. 25.77 crore.
