• BIZ BRIEFS
KATHMANDU: The 15th annual general meeting (AGM) of Jyoti Bikas Bank Ltd (JBBL) has been held successfully under the chairmanship of Hari Chandra Khadka, chairman of the board of directors of the bank.
Arrangements were also made to participate in the AGM through online (virtual) technology, as per a media release. In addition to passing the annual report of the bank for the financial year 2021-22, the AGM also passed the proposal to provide three per cent bonus shares and 3.8 per cent cash dividend to the shareholders.
Following the bonus distribution, the paid up capital of the bank has reached Rs 4.39 billion.
The AGM discussed and approved the annual financial statements including the report of the board of directors for the financial year 2021-22, the auditor's report including the balance sheet up to mid-2022, profit and loss account and cash flow statement and also passed the proposal to amend the bank's charter and regulations.
A version of this article appears in the print on February 27, 2023, of The Himalayan Times.
