Machhapuchchhre Bank Concludes 28th AGM, Reappoints Roshan K.C. as Chairman
Summary
Machhapuchchhre Bank Limited concluded its 28th Annual General Meeting in Pokhara and approved a 3% cash dividend plus 3% bonus shares. Roshan K.C. was reappointed chairman for another four-year term after being elected as a director representing promoter shareholders.
Key Points
- Machhapuchchhre Bank Limited held its 28th Annual General Meeting in Pokhara on 28th Ashoj, 2083.
- The AGM approved a 3% cash dividend and 3% bonus shares, subject to applicable taxes.
- Roshan K.C., Mukunda Mahat and Kriti Mahato were elected as directors from the promoter shareholders’ group, while Bishwo Prakash Gautam was elected from the public shareholders’ group.
- The board reappointed Roshan K.C. as chairman for another four-year term, and the bank reported a net profit of Rs. 1.95 billion in the last fiscal year.
