Nabil Bank Limited Calls SGM on September 2; When's the Book Closure Date?

Nabil Bank Limited (NABIL) has called its Special General Meeting (SGM) on September 2, 2024. The 662nd meeting of the board of directors held on August 11, 2024, decided to call SGM and declared book closure from August 23, 2024. Thus, the shareholders maintained till that day are eligible to attend this meeting.

The key agenda for the SGM includes the issuance of "Nabil's 8% Irredeemable Non-cumulative Preference Shares" and the proposal to increase the bank's authorized, issued, and paid-up capital. Additionally, necessary amendments to the bank's regulations will be deliberated upon during the meeting.

This SGM is crucial for shareholders, as it will determine the future financial and operational strategies of Nabil Bank. Shareholders are encouraged to participate actively in the discussions and decisions that will shape the bank's path forward.