Last day to secure dividend of Gandaki Bikas Bank and Mission Development Bank

Today is the last day to secure the dividend of Gandaki Bikas Bank and Mission Development Bank.

Gandaki Bikas Bank Limited (GDBL) will be convening its 11^th AGM on Poush 26, 2075. The meeting will be convened in the premises of Mount Kailash Resort, Pokhara at 10:00 AM.

The main agendas of the meeting include:

1. To make amendments in the regulations of the company
2. To provide authority to the BOD to take the decisions regarding merger and acquisition of the bank

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 to endorse 14.20% cash dividend worth Rs 39.05 crore.

Mission Development Bank Limited (MIDBL) will be convening 9^th AGM on Poush 26, 2075. The meeting will be convened in the premises of The Durbar Lawn Pvt. Ltd. Tilottama 3 at 11 AM.

The main agendas of the meeting include:

1. To endorse 11% bonus shares for the FY 2074/75 worth Rs 5.71 crore
2. To expand the working area of the bank
3. To make amendments in the MoA and regulations and to provide authority to the BOD to make such changes in future
4. To provide authority to the BOD to take any decisions regarding the merger and acquisition of the bank

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 Rs 30.06 lakh as cash dividend and to appoint 4 directors from among the promoter shareholders.