Kankrebihar Bikas Bank 7th AGM on Chaitra 20;To approve 15 % stock dividend
Sun, Feb 28, 2016 11:31 AM on Latest, Featured, AGM/Special AGM,
Kankrebihar Bikas Bank Limited (KKBL) is convening its 7th Annual General Meeting (AGM) on Chaitra 20, 2072. The AGM is going to be held at D.D.C. , Surkhet Conference Hall , Surkhet at 10:00 AM.
Main agendas of the AGM are:
- To approve 15 percent bonus share and 0.79 percent cash dividend (for tax purpose) from the net profit it earned from the fiscal year 2071/72.
- To amend article of association and memorandum of association as per directed by Office of Company Registrar or Nepal Rastra Bank.
- Authorized BOD to initiate merger/acquisition process with other BFI.
Other Agendas of the AGM include financial highlights of 2071/72 and appointment of auditor.
Only those shareholders owning shares till Falgun 27 will be entitled to the bonus share of the company. The register of their shareholders will remain close from Falgun 28, 2072 till Chaitra 20 , 2072 for the purpose of its upcoming (AGM).Kankrebihar Bikas Bank had earned net profit of Rs 21.38 lakh in its second quarter of the fiscal year 2072/73.
