Bank of Kathmandu Calls Out AGM on October 17

Sep 25, 2019 09:59 AM Merolagani

Bank of Kathmandu (@ BOKL@) has called out AGM October 17. The 134th board of directors’ meeting of the company held on September 24 decided to call the AGM in Alice Receptions, Gairidhara, Kathmandu at 10:00 AM.

The AGM is subjected to approve 11 percent cash and 6 percent stock dividend to its shareholders. Moreover, the meeting will approve the proposal of amending its article of association and delegate authority to BOD to carry out the required procedure as per the requisites of regulatory bodies.

In this regard, the bank is set to close its book from October 3, thus, the shareholders registered in its book till October 2 will be eligible to attend the AGM and obtain the announced dividend.

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