Om Development Bank completes its 11th AGM; find out about the bonus shares and new Chairperson
Fri, Mar 9, 2018 6:07 PM on Latest, Featured, AGM/Special AGM, Corporate, Stock Market,
On the 11th AGM of Om Development Bank held on Friday, the decision has been passed to distribute 17.69% bonus shares to the shareholders of the company from the profit generated in 2073/74.
On the last fiscal year, the bank has been able to collect Rs. 16 arba 6 crore in deposits and has disbursed Rs. 14 arba 5 crore in credit and loans. The net profit of the bank for the year stands at Rs. 39 crore 44 lakh.
After the bonus share distribution, the banks’ paid-up capital will be Rs. 2 arba 51 crore. The bank is currently facilitating 2 lakh 31 thousands customers from 52 branches and 11 ATMs.
According to the press notice, the AGM has elected 6 Directors, 3 from Bank’s founder members and 3 from general shareholders. The board meeting held after thye elction has chosen Mr. Sushil Kumar Gosheli as the Chairperson of the Board.
On the last fiscal year, the bank has been able to collect Rs. 16 arba 6 crore in deposits and has disbursed Rs. 14 arba 5 crore in credit and loans. The net profit of the bank for the year stands at Rs. 39 crore 44 lakh.
After the bonus share distribution, the banks’ paid-up capital will be Rs. 2 arba 51 crore. The bank is currently facilitating 2 lakh 31 thousands customers from 52 branches and 11 ATMs.
According to the press notice, the AGM has elected 6 Directors, 3 from Bank’s founder members and 3 from general shareholders. The board meeting held after thye elction has chosen Mr. Sushil Kumar Gosheli as the Chairperson of the Board.
