KATHMANDU: The 28th annual general meeting of Everest Bank Ltd (EBL) was held on Monday with presentation and approval of financial statements of the fiscal year 2021-22.

The AGM endorsed proposal to distribute 13 per cent bonus shares and 7.68 per cent cash dividend to its shareholders.

The meeting also approved the proposal to increase the authorised capital of the bank from Rs 10 billion to 15 billion, as per a media release.

N Amatya and Co, Chartered Accountants has been appointed as the auditor for the current fiscal year, 2022-23.

A version of this article appears in the print on December 13, 2022, of The Himalayan Times.