Sajha Bikash Bank to endorse 50% right share; 3rd AGM today

Sajha Bikash Bank Limited (SAJHA) is convening its 3rd Annual General Meeting (AGM) today (Ashad 31, 2073). The AGM is going to be held at Hotel Sathi, Dhangadi, Kailali at 10:30 AM. Earlier, Sajha Bikash Bank had postponed its 3rd AGM due to internal problems with the promoter shareholders of the company. The main agendas of the AGM are:
  • To endorse 2:1 (50%) right share to its existing shareholders.
  • Authorize BOD to amend article of association and memorandum of understanding as per directed by registrar officer or the Nepal Rastra Bank.
Other main agendas of the AGM include financial highlights of 2071/72, appointment of auditor and to elect 3 BOD member from public shareholders group. The register of their shareholders remained close from Ashad 16, 2072 till today (Ashad 31, 2073) for the purpose of its upcoming AGM. Sajha Bikas Bank had net loss of Rs 74.39 lakh in the third quarter of the fiscal year 2072/73.