Gandaki Bikas Bank to convene 11th AGM on Poush 26; Shareholders holding till Poush 10 to receive 14.20% cash dividend

Gandaki Bikas Bank Limited (GDBL) will be convening its 11th AGM on Poush 26, 2075. The meeting will be convened in the premises of Mount Kailash Resort, Pokhara at 10:00 AM.

The main agendas of the meeting include:

  1. To make amendments in the regulations of the company
  2. To provide authority to the BOD to take the decisions regarding merger and acquisition of the bank

Other agendas of the meeting include endorsement of audited financial report for the FY 2074/75, appointment of statutory auditor for the FY 2075/76 and to endorse 14.20% cash dividend worth Rs 39.05 crore.

For the purpose of the AGM the shareholders register book of the bank will remain closed from Poush 11 till Poush 26 i.e. the shareholders holding the shares till Poush 10 will be able to participate in the AGM and receive 14.20% cash dividend.