Jyoti Bikas Relocates AGM Venue

Jan 05, 2020 10:41 AM Merolagani

Jyoti Bikas Bank (@JBBL|@) has relocated the venue of  its upcoming AGM. The bank that was previously conducting its AGM in Rastriya Sabhagriha, Pradarshani Marg, Kathmandu is now conducting the AGM in Celebration Banquet, Kamalpokhari, Naxalmarg at 11:00 AM on January 14.

The AGM is supposed to endorse a proposal of distributing 12.75 percent stock dividend to the shareholders. Moreover, the meeting will delegate authority to BOD to forward merger/acquisition process with suitable partners, amend its article of association in order to establish mutual fund and carry out duties of issue manager and elect one female director.

In this regard, the bank closed its book from January 1, thus, the shareholders registered in its book till December 31 are eligible to attend the AGM and obtain the announced dividend.


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