Last day to hold the shares of Muktinath Bikas Bank for its AGM; AGM to endorse 18.25% bonus share

Today is the last day to hold the shares of Muktinath Bikas Bank Limited (MNBBL) to participate in its 12th AGM.

MNBBL will be convening its 12^th AGM on Mangsir 29, 2075. The meeting will be convened in the premises of City Square, Pokhara at 11:00 AM.

The main agenda of the meeting include:

1. Approval for the 18.25% bonus shares worth Rs 47.29 crore
2. To raise the authorized capital of the bank to Rs 4 arba
3. Issuance of 20% right shares on the adjusted paid-up capital after 18.25% bonus shares
4. To make amendments in the MoA and to provide authority to the BOD to make further amendments
5. To provide authority to the BOD to take decision on the merger and acquisition

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 and endorsement of 0.96% cash dividend worth Rs 2.48 crore for tax purpose.