Laxmi Bank Calls Out SGM to Approve Merger Proposal

May 31, 2023 09:09 AM Merolagani

Laxmi Bank has called out special general meeting (SGM) to approve merger proposal.

The bank is conducting its SGM on June 18 in Agrawal Bhawan, Kamalpokhari, Kathmandu at 11 AM.  

The meeting will endorse a proposal of merger with Sunrise Bank with a swap ratio of 1:1.

Moreover, the meeting will also delegate authority to BOD to conclude all tasks related to the merger.

In this regard, the bank is closing its book on June 9 thus, the shareholders registered in its book till June 8 will be eligible to attend the SGM.



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