Garima Bikas Bank to convene its 12th AGM on Ashoj 26; Book closure for AGM from Ashoj 12

Garima Bikas Bank Limited (GBBL) has published a notice regarding its 12^th AGM which will be convened on Ashoj 26, 2075. The AGM has been summoned in the premises of Hotel Pokhara Grand, Pokhara at 10:30 AM.

The main agendas of the meeting include:

1. To provide approval to the proposed 10% bonus shares worth Rs 25.34 crore
2. To make necessary amendments in the MoA and regulations regarding the increment in the paid-up capital
3. To provide authority to the BOD to make any kind of decisions related to the merger of the organization with other organization or acquisition of any other organization

Other agendas of the AGM are endorsement of audited financial statement for the FY 2074/75, distributing 3.75% cash dividend including cash for tax purpose and appointment of statutory auditor for the FY 2075/76.

The shareholders register book of the development bank will remain closed from Ashoj 12, 2075 till Ashoj 26, 2075 following the AGM. So, the shareholders holding the shares of the bank till Ashoj 11 will be eligible to participate in the 12^th AGM of the bank.

See the full list of proposed dividend for the FY 2074/75