Nepal Clearing House to convene its 7th AGM on Ashoj 26; company to provide 40% dividend

Nepal Clearing House Limited will be convening its 7^th AGM on Ashoj 26, 2075. The meeting will be convened in the premises of Hotel Yak and Yeti, Durbarmarg at 11:00 AM.

The main agendas of the meeting are:

1. Approval for proposed 20% bonus shares
2. To provide approval to the round down of any fractional shares more than 0.5 into bonus shares and less than 0.5 into cash dividend
3. Amendment of MoA to increase the paid-up capital
4. To provide authority to the BOD to make any changes in the MoA in the future

Other agendas of the meeting include endorsement of audited report for the FY 2074/75, approval for 20% cash dividend, appointment of statutory auditor for the FY 2075/76 and appointment of one director each from the promoters group and ordinary shareholders group.