Muktinath Bikas Bank has announced book close of Annual General meeting (AGM).
The book will be close on 23 Mangsir 2076. Those shareholders who get registered in the book within 22 Mangsir 2076 or one day ahead of book close will be eligible to participate in AGM.
The bank will convene annual General Meeting (AGM) on 30 Mangsir 2076 at Hotel Pokhara Grand, Birauta, Pokhara, 11:00 Am.
The agendas of AGM are:
- To endorse 17.60% or Rs 64.72 crore bonus shares and 0.93% or Rs.3.40 crore cash dividend from the income of FY 2075/76
- To hike authorized capital to Rs.5 arba.
- To approve audited financial statement of FY 2075/76.
- To appoint statutory auditor for FY 2076/77
- To elect 3 directors from promoters group and 2 directors from public group
- To established Mutual Fund and work as fund sponsor
- Merger and acquisition with appropriate bank and financial institutions; provided authority for BOD and signed MOU and assets and liabilities valuation through DDA.
- To amend MOA and AOA, etc
Currently, its paid up capital stands at Rs. 3.06 arba. Paid up capital will reach to Rs.3.67 crore after 20% right shares. After 17.60% bonus shares paid up capital will reach to Rs.4.32 arba.
