Saptakoshi Development Bank re-announced its 12th AGM to be held on Ashad 21, 2077

Tue, Jun 23, 2020 9:22 AM on AGM/Special AGM, Book Closure, Latest,

Saptakoshi Development Bank Limited (SAPDBL) has re-announced its 12th AGM which was postponed due to COVID-19 outbreak in the country. The new date for 12th AGM will be on Ashad 21, 2077 at Chamber of Industries Morang, Biratnagar from 10:30 AM onwards.

The agenda of the AGM is to endorse audited financial highlights of FY 75/76 and appoint a statutory auditor for FY 76/77. Three directors from the promoter shareholders group and three directors from the ordinary shareholder's group will also be elected.

The AGM will also endorse the distribution of 6% bonus shares worth Rs.4.72 Crore for the shareholders out of the profits of FY 75/76. The current paid-up capital of the company stands at Rs.78.71 Crore.

For this purpose the books of the company will remain closed from Chaitra 17, 2076 till the date of AGM. Investors holding shares of the company till Chaitra 16, 2076 will be eligible to claim the dividend and participate in the AGM of the company.

Click here for AGM Notice: