Bhargav Bikas Bank to conduct AGM on October 13

Sep 23, 2018 Merolagani

Bhargav Bikas Bank (BHBL) has called out its 10th AGM to be convened on October 13 in Kitchen Hut Pvt. Ltd. at 11:00 AM.

The meeting is supposed to endorse a proposal of distributing 5.5556 percent stock and 0.2924 percent cash dividend for tax purpose.

 Moreover, the meeting will approve proposals of amending its MoA and policies, delegate authority to the BOD to make necessary amendments in the MoA and AoA as per requisites of regulatory bodies and others.

The company will close its book on October 5 for the AGM purpose, thus, the shareholders registered in its book till October 4 will be eligible to attend the AGM and obtained the announced dividend.

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