The AGM is supposed to endorse a proposal of acquiring Hamro Bikas Bank and approve swap ratio of 1:1 as per Due Diligence (DDA) Audit report. Moreover, the meeting will endorse a proposal of distributing 8.40 percent cash dividend worth Rs 218 million to the shareholders of Jyoti BIkas Bank.
Furthermore, the meeting will delegate authority to BOD to make necessary changes to maintain the promoter share ownership to 51 percent.