Shiva Singh Karki re-appointed as Chairman of Kanchan Dev. Bank

ShareSansar, January 11:

The 5th annual general meeting of Kanchan Development Bank Limited (KADBL) held on Poush 26 has approved the agenda to distribute 20 percent bonus share to its shareholders.

The meeting also approves the agenda to issue 4:1 ratio right share to increase paid up capital and approve the financial statement of fiscal year 2070/1.

The meeting unanimously selected the 5 directors representing promoters group namely Shiva Singh Karki, Jayaram Singh Bohara, Hikmat Bahadur Shah, Khageshwor Bohora and Bhanu Bhakta Joshi.

The BOD meeting held after the completion of AGM has re-appointed Mr Shiva Singh Karki as the Chairman of the company.