Janata Bank Nepal to convene AGM on Poush 29; Shareholders holding till Poush 15 to receive 8.50% cash dividend

Janata Bank Nepal Limited (JBNL) will be convening its 9^th AGM on Poush 29, 2075. The meeting will be convened in the premises of Anupam Foodland and Banquet, Kathmandu at 11:00 AM.

The main agendas of the meeting include:

1. To approve provisions for working as Share Brokers
2. To make changes in the MoA and to provide authority to the BOD to make such changes in the future
3. To have provisions for merger and acquisition of the bank and to provide authority to the BOD to take decisions for the merger and acquisitions.

Other agendas of the meeting include endorsement of audited financial statement for the FY 2074/75, appointment of statutory auditor for the FY 2075/76 and endorsement of 8.50% cash dividend worth Rs 68 crore for the FY 2074/75.

For the purpose of the AGM, the shareholders register book will remain closed on Poush 16 i.e. the shareholders holding shares of the bank till Poush 15 will be able to participate in the AGM and receive 8.50% cash dividend.