Secure 35% bonus shares of Kabeli Bikas Bank and 24.50% dividend of Srijana Finance; Book closes tomorrow

Today is the last day to hold the shares of Kabeli Bikas Bank Limited (KEBL) and Srijana Finance Limited (SFFIL) to secure 35% bonus shares of the former and 24.50% dividend of the latter.

Kabeli Bikas Bank Limited (KEBL) will be convening its 11^th AGM on Poush 28, 2075. The meeting will be convened in the premises of Hotel Cheap and Best, Dhankuta at 12:30 PM.

The main agendas of the meeting include:

1. To increase the issued capital and paid-up capital of the bank to Rs 28.42 crore
2. To endorse 35% bonus shares worth Rs 7.37 crore for the FY 2074/75
3. To make changes in the MoA and regulations and to provide authority to the BOD to make such changes
4. To provide authority to the BOD to make decisions regarding the merger and acquisition of the development bank.

Other agendas of the meeting include endorsement of audited financial report for the FY 2074/75 and appointment of statutory auditor for the FY 2075/76.

Srijana Finance Limited (SFFIL), through its 195th board meeting, held on Poush 6, 2075 has decided to conduct its 18th AGM on Poush 28, 2075 in Biratnagar.

The AGM is expected to discuss and endorse the following agendas

1. Discuss and endorse all the financial statements and reports of the previous fiscal year 2074-75
2. Appoint Mr. Kinjal Pokhrel as auditor for the fiscal year 2075-76 and fix the remuneration rate
3. Endorse 9.50% or Rs 3.80 crore as cash dividend for shareholders
4. Elect 4 members into the company’s board; 2 each from promoters and public shareholder group
5. Issue 15% bonus shares and amend company’s memorandum addressing the increased paid up capital
6. Issue 60% right shares worth of Rs 27.60 crore after capitalization of bonus shares