Machhapuchchhre Bank becomes the first bank to announce AGM for FY 2076/77; AGM to elect 3 public directors and approve 10.40% dividend
Thu, Oct 1, 2020 6:24 AM on AGM/Special AGM, Latest,
Machhapuchchhre Bank (MBL) has published a notice today calling its shareholders for the 22nd Annual General Meeting (AGM). The AGM is going to held on Kartik 6, 2077 at Hotel Pokhara Grand, Pardi, Pokhara from 11 AM onwards.
The agendas of the meeting are:
-Approval of 7.03% bonus shares and 3.37% cash dividend (including tax) proposed by The Board of Directors
-Discussion and approval of the annual report of FY 2076/77 along with the financial statements for the year.
- To elect 3 directors from the public shareholders' group.
- To give authority to BOD for mergers and acquisitions.
-Appointment of the auditor and determination of the remuneration.
The book closure date for the purpose of AGM and dividend distribution has been set on Ashwin 22, 2077. Therefore, the shareholders maintained on Ashwin 21, 2077 (Wednesday) will be eligible for dividends and participants on AGM.
