Tinau Dev. AGM on Ashwin 18; to endorse 18% bonus share & 4:1 right shares

Butwal-based Tinau Development Bank Limited (TNBL) is going to hold its 9th AGM (Annual General Meeting) on Ashwin 18, 2072. AGM will be held at Butuwal Udhyog Banijya Sangh at 9 AM. The main agendas of the AGM are: • The AGM is expected to endorse 18 % bonus share and 0.9473 % cash dividend for tax purpose as proposed by the BoD of the bank. • To increase authorized capital, issued capital and paid of capital. • To approve right shares in the ratio 4:1 • To endorse the decision made by 6TH AGM regarding merger Other agendas of the AGM are the financial highlights of 2071/72, appointment of auditors, to elect 4 BOD members from promoter shareholders and to endorse ditector,from public shareholder, appointed by BOD.