Gandaki Bikas Bank to convene AGM on Poush 29; Trading halted from Ashwin 09 after signing M&A deal with Mega Bank
Tue, Dec 24, 2019 12:30 PM on AGM/Special AGM, Dividend, Bonus & Rights, Latest, Stock Market,
Gandaki Bikas Bank Limited (GDBL) will be convening its 12th AGM on Poush 29, 2076 at Hotel Pokhara Grand, Birauta, Pokhara from 9 AM onwards.
The 231st Board Meeting held on Poush 07, 2076 has decided on the following agendas for the meeting:
- Approval of the annual report for 2075/76 of the BOD.
- Approval of the audited financial statements for the year 2075/76.
- Appointment of the auditor for 2076/77 and determination of the remuneration.
- Approval of 17.32% cash dividend worth Rs.47.63 Crore out of the profits of FY 75/76 for the shareholders of the company.
The trading of GDBL has been halted in NEPSE from Ashwin 09, 2076 after it signed merger and acquisition agreement with Mega Bank (MEGA). Therefore, the same date is taken as book closure date. Thus, shareholders maintained on Ashwin 08, 2076 will be eligible to participate in AGM and claim dividend.
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