Nepal Bank Limited (NBL) has announced its 65th Annual General Meeting (AGM) scheduled for 6th Chaitra, 2081. The meeting will take place at Nepal APF Hall, Hallchowk, Kathmandu, starting at 11:00 AM. Shareholders are encouraged to attend and participate in the discussions. Here’s everything you need to know about the AGM and its agenda.
Key Details
- AGM Date: 6th Chaitra, 2081.
- AGM Time: 11:00 AM.
- AGM Venue: Nepal APF Hall, Hallchowk, Kathmandu.
- Book Closure Date: Falgun 22, 2081.
- Shareholders maintained before Falgun 22 are eligible to attend the AGM.
AGM Agenda
The 65th AGM will focus on the following key points:
- Endorsement of the Annual Report: Approval of the annual report for the fiscal year 2080/81.
- Financial Reports: Endorsement of the auditor’s report, including:
- Profit and Loss (PL) statements.
- Financial reports.
- Cash flow statements for FY 2080/81.
- Auditor Appointment: Appointment of an auditor and determination of their remuneration for the fiscal year 2081/82.
- Election of Directors: Election of 3 directors from the public shareholding group.
- Miscellaneous: Discussion of any other relevant matters.
No Dividend Distribution
Nepal Bank Limited has announced that it will not distribute any dividends for the fiscal year 2080/81. Shareholders are advised to take note of this decision.
Who Can Attend the AGM?
- Shareholders who maintained their shares before Falgun 22, 2081, are eligible to attend the AGM.
Why Should You Attend?
- Stay Informed: Gain insights into the bank’s performance and future plans.
- Participate in Decisions: Vote on key agendas, including the appointment of directors and auditors.
- Network: Connect with other shareholders and bank representatives.
Summary
Nepal Bank Limited’s 65th AGM is an important event for shareholders to stay updated on the bank’s performance and participate in decision-making processes. While no dividends are being distributed this year, the AGM offers a platform to discuss financial reports, appoint auditors, and elect directors.