Sana Kisan Bikas Bank 16th AGM today; to endorse 25% bonus shares

Sana Kisan Bikas Bank Limited (SKBBL) is convening its 16^thAnnual General Meeting (AGM) today (Mangsir 29, 2074). The AGM is being held at Nepal Prasasanik Parichyan Pratisthan, Jawalakhel, Kathmandu at 11:00 AM. The main agendas of the AGM are:

• To endorse 25% bonus shares and 1.316% cash dividend from the net profit of FY 2073/74.
• To amend the Memorandum of Association (MOA) and Articles of Association (AOA).

Other agendas of the AGM are major financial highlights of FY 2073/74 and appointment of auditor for the FY 2074/75. The book closure date for the AGM was set from Mangsir 10 to Mangsir 29, 2074. But only those shareholders holding their shares till Mangisr 8, 2074 are eligible to participate in the AGM and proposed dividend. It had earned Rs 8.20 crore in the first quarter of the FY 2074/75. Click here to see announcement: