Nepal Community Development Bank to conduct 8th AGM on Jestha 18; Shareholders to receive 8.61% bonus shares

Nepal Community Development Bank has announced its 8th AGM to be held on Jestha 18, 2075. The meeting will be held in Durbar Lawn, Rupandehi at 9:00 AM.

The main agendas of the meeting include:

1. To distribute the proposed 8.61% bonus shares for the shareholders worth Rs 4,17,46,120.
2. Revise the address of the central office of the development bank.
3. Revision of MOA and AOA with regard to expansion of working areas and increment of authorized & issued capital.

Other agendas to be discussed in the meeting are issuing the audited financial report of fiscal year 2073/74, appointment of statutory auditor for the fiscal year 2074/75 and appointment of 2 directors from the ordinary shareholders group.

For the purpose of the AGM the shareholders register book will remain closed from Baisakh 28, 2075 till Jestha 18, 2075 i.e. the shareholders holding the shares of the development bank till Baisakh 27 will be able to attend the meeting.