Sunrise Bank 9th AGM today; to endorse 33.33% bonus & 30% right share
Sun, Oct 23, 2016 9:32 AM on Latest, Dividend, Bonus & Rights, Featured, AGM/Special AGM, Stock Market,
Sunrise Bank Limited (SRBL) is convening its 9th Annual General Meeting (AGM) today (Kartik 7, 2073). The AGM is going to be held at Amritbhog Carters, Kalikasthan Kathmandu at 11: 00 AM.
Main agendas of the AGM are:
- To endorse 33.33 percent (1, 32, 53, 48,800 unit) bonus shares from the net profit it earned from the fiscal year 2072/73.
- To increase its authorized capital up to Rs 10 arba.
- After bonus share is distributed to endorse 10:3 (30%) ratio right share to its shareholders.
- To increase it’s paid up capital as directed by Nepal Rastra Bank.
- After the approval of acquisition of Narayani National Finance Limited directed from Nepal Rastra Bank the existing BOD structure of the bank will be changed with the provision of 4 BOD members each from promoter and public shareholders group and 1 professional director.
- To endorse Rs 249, 069.61 under the title of Corporate Social Responsibility (CSR) that exceeded as per the company’s law.
- To amend article of association and memorandum of association as per directed by registrar officer or Nepal Rastra Bank.