Mon, Nov 5, 2018 9:57 AM
Kankai Bikas Bank Limited (KNBL) will be convening its 12th AGM on Mangsir 10, 2075. The meeting will be convened in premises of Gorkha Department Store, Damak, Jhapa at 1:00 PM.
The main agendas of the meeting include:
- Increment of its issued capital and paid-up capital to Rs 51.50 crore
- Distribution of bonus shares worth Rs 1.50 crore to its shareholders
- Expansion of work area into 2 more districts.
- Providing authority to the BOD to make changes in the MOA and AOA and to take any decisions related to merger and acquisition.
Other agendas of the meeting include endorsement of financial report for the FY 2074/75, appointment of statutory auditor for the FY 2075/76, distribution of Rs 3.25 crore as cash dividend and appointment of 3 directors from ordinary shareholders and 1 director from promoters.
For the purpose of the meeting, the shareholders register book will remain closed on Kartik 28 i.e. the shareholders holding the shares till Kartik 27 will be eligible to participate in the AGM.