Mahakali Bikas Bank Limited (MBBL) is convening its 8th Annual General Meeting (AGM) today (Poush 25, 2072). The AGM is going to be held at Hotel Opera, Mahendranagar, Kanchanpur at 11:00 AM.
Main agendas of the AGM are:
- To approve 17 percent bonus share and 0.89 percent cash dividend (for tax purpose) from the net profit it earned from the fiscal year 2071/72.
- After issuance of bonus share to increase paid up and issued capital. Also to increase authorized capital up to Rs 50 crore.
- Another main agenda is conversion of promoter shareholder structure to 51% promoter shares through issuance of Further Public Offering (FPO) of Rs 2.36 crore.
- Authorized BOD to initiate merger/acquisition process with other BFI.
- To amend article of association and memorandum of association as per directed by registrar officer or Nepal Rastra Bank.
Other Agendas of the AGM include financial highlights of 2071/72 and appointment of auditor.
Only those shareholders owning shares till Mangsir 29 is entitled to the bonus share of the company. The register of their shareholders has been closed from Poush 1, 2072 till Poush 25, 2072 for the purpose of its AGM.
At present MBBL has a paid up capital of Rs 12.72crore. After the issuance of 17% bonus shares, its paid up capital will rise to Rs14.88 crore.
Mahakali Bikas Bank had earned net profit of Rs9.34 lakh in its first quarter of the fiscal year 2072/73.
Similarly,
Miteri Development Bank Limited (MDB) is holding its 10
th AGM today. The AGM is going to be held at Ratna Inn Hotel, Dharan-9, Sunsari at 10 AM
.
The main agendas of the meeting are:
- To endorse 30% bonus share from the net profit it earned from the fiscal year 2071/72
- To endorse 50% right share after bonus share is issued.
- To amend the article of the association and memorandum of association accordingly
- Authorize BOD to initiate merger or acquisition process with other financial institutions.
Other Agendas of the AGM includes Financial highlights of 2070/71, appointment of auditor and to endorse cash dividend for tax purpose.
Only those shareholders owning shares till Poush 5 will be entitled to the dividend of the company. The register of their shareholders will remain close from Poush 6, 2072 till Poush 25, 2072 for the purpose of its upcoming (AGM) whereas, a separate book closure date will be published for the right shares.
Likewise,
Sahayogi Bikas Bank Limited (SHBL) is convening its 12th Annual General Meeting (AGM) today. The AGM is going to be held at bank head office, Janakpur at 1:00 PM.
The main agenda of the AGM is to endorse 28 percent bonus share from the net profit it earned from the fiscal year 2071/72 and authorize BOD to amend the article of association as directed by registrar officer or the Nepal Rastra Bank.
Other Agendas of the AGM include financial highlights of 2071/72, appointment of auditor endorse 1.47% cash dividend for the tax purpose and to elect 3 BOD members from promoter shareholder group and 2 BOD member from public shareholders group. .
Only those shareholders owning shares till Poush 8 will be entitled to the dividend of the company. The register of their shareholders will remain close from Poush 9, 2072 till Poush 25, 2072 for the purpose of its upcoming (AGM).
SHBL had earned net profit of Rs 65.17 lakh in the first quarter of the fiscal year 2072/73. Its paid up capital remains at Rs, 20.14 crore and after issuance of bonus share its paid up capital will rise to Rs. 25.77 crore.
