15th annual general meeting of JBBL concluded
The bank's paid-up capital has increased to Rs 4 billion 39 million 57 lakh 85 thousand following the passage of 3 percent bonus shares.
KATHMANDU: The 15th Annual General Meeting of Jyoti Bikas Bank Limited (JBBL) was held on Sunday Feb 26 at the Tribhuvan Army Officers Club in Bhadrakali under the chairmanship of Mr. Hari Chandra Khadka, Chair of the Board of Directors of the Bank.
Arrangements were also made to participate in the annual general meeting through online (virtual) technology.
In addition to passing the bank’s annual report for fiscal year 2078/79, the general meeting approved the bank’s board of directors’ proposal to provide 3 percent bonus shares and 3.8 percent cash dividend to shareholders of current paid-up capital.
The bank’s paid-up capital has increased to Rs 4 billion 39 million 57 lakh 85 thousand following the passage of 3 percent bonus shares.
The bank’s annual general meeting discussed and approved the annual financial statements, including the board of directors’ report for fiscal year 2078/79, the auditor’s report, including the balance sheet up to the end of 2079, profit and loss account, and cash flow statement, as well as the proposal to amend the bank’s charter and regulations.
Furthermore, the assembly discussed and approved the bank’s integrated financial statement, including the financial statement of Jyoti Capital Ltd., a subsidiary company, to audit the bank’s fiscal year 2079/80.
