Siddhartha Bank has announced book close of Annual General meeting (AGM).
The book will be close on 29 Aswin 2076. Those shareholders who get registered in the book within 28 Aswin 2076 or one day ahead of book close will be eligible to participate in AGM.
The bank to convened annual General Meeting (AGM) on 07 Kartik 2076 at Army officer club, Kathmandu, 10:00 am.
The agendas of AGM are:
- To endorse 10%or or 8.88 crore bonus shares & 15.26% or Rs.1.35 arab cash dividend from the income of FY 2075/76
- Any fraction on bonus distribution will be adjusted from cash dividend and capital structure will be maintained at 51:49
- To approve audited financial statement of FY 2075/76.
- To appoint statutory auditor for FY 2076/77
- 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. 8.88 arba.
