Machhapuchchhre Bank Unveils Book Closure Date for its 8% Dividend; Calls AGM on Ashwin 10
Summary
Machhapuchchhre Bank Limited has announced its 27th AGM on Ashwin 10, 2082, with agendas including endorsement of an 8% dividend, issuance of preference shares, and capital increase.
Key Points
- Machhapuchchhre Bank Limited will hold its 27th AGM on Ashwin 10, 2082 at Hotel Pokhara Grand, Pokhara.
- The bank will endorse an 8% dividend for fiscal year 2081/82, comprising 4% bonus shares and 4% cash dividend.
- The AGM will approve financial statements for FY 2081/82 and appoint an auditor for FY 2082/83.
- The bank plans to issue 8.25% perpetual non-cumulative preference shares worth Rs. 3 Arba and increase authorized capital from Rs. 15 Arba to Rs. 20 Arba.
