Last day to hold the shares of Machhapuchchhre Bank to receive 10% cash dividend

Today is the last day to hold the shares of Machhapuchchhre Bank Limited (MBL) to receive its 10% cash dividend from the upcoming AGM.

MBL will be convening its 20^th AGM on Poush 20, 2075. The AGM will be convened in the premises of Hotel Pokhara Grand, Pokhara at 11:00 AM.

The main agendas of the meeting include:

1. To provide authority to the BOD to perform necessary action regarding the merger and acquisition
2. To make changes in the MoA and regulations and to provide authority to make such changes in the future which includes the plan of the bank to work as a stock broker

Other agendas of the meeting include endorsement of audited financial report for the FY 2074/75, appointment of statutory auditor for the FY 2075/76, distribution of 10% cash dividend and appointment of 3 directors from the promoters.