NMB Bank to convene its 22nd AGM on Shrawan 31; Issued capital to be increased to Rs 8.74 arba
Thu, Jul 26, 2018 1:19 AM on AGM/Special AGM, Dividend, Bonus & Rights, Latest, Stock Market,
The 22nd AGM of NMB Bank Limited (NMB) will be convened on Shrawan 31, 2075. The meeting will be held in the premises of Nepal Staff College, Jawalakhel, Lalitpur at 2:30 PM.
The main agendas of the meeting includes
- Increasing the issued capital of the bank to Rs 8,74,37,229.17 from the current capital of Rs 7,60,32,90,634.06
- To approve the decision for distribution of 15% bonus shares worth Rs 1,14,04,93,595 and to make necessary amendments in the Memorandum of Association for the increment of the capital.
- To make necessary amendments in the Memorandum of Association and rules of the bank.
- To provide authority to the BoD for the initiation of acquisition of other institutions.
Other agendas of the AGM include, endorsement of audited financial statement for the fiscal year 2073/74, appointment of statutory auditor for the fiscal year 2074/75 to approve the proposal for providing the cash for tax purpose worth Rs 6,00,25,979.
The bank had recently issued 1,14,15,163 unit shares as further public offering to the general public at a price of Rs 333 per share.
