Himalayan Bank 25th AGM on Poush 28; to endorse 25% bonus share

Himalayan Bank Limited (HBL) will be convening 25^th Annual General Meeting (AGM) on Poush 28, 2074. The AGM is being held at Karki Banquet, Kathmandu at 11:00 AM. The main agendas of the AGM are:

• To endorse 25% bonus shares and 1.3158% cash dividends (for tax) its shareholders from the profit of FY 2073/74.
• To amend the issued and paid up capital of the company.
• To amend the Memorandum of Association (MOA) and Articles of Association (AOA) as per directions received by regulatory bodies

Other agendas of the AGM include endorsement of financial statements of the FY 2073/74 and appointment of auditor for the FY 2074/75. The book closure date for the AGM has been set from Poush 11 to Poush 27, 2074. Thus, shareholders holding shares till Poush 10, i.e. one day ahead of the book closure date are eligible to participate in AGM and for proposed dividend. Its current paid up capital stands at Rs 6.49 arba. After 25% bonus shares distribution, it will reach to Rs 8.11 arba. It had earned Rs 2.17 arba in the fourth quarter of the FY 2073/74.