EBL concludes 30th AGM successfully

KATHMANDU: Everest Bank Limited (EBL) successfully held its 30th Annual General Meeting (AGM) on Oct 6.

The AGM approved the annual report for the fiscal year 2080/81 along with the auditor’s report.

During the meeting, the proposal to distribute a 105% bonus share and a 5.535% cash dividend (including the tax on the bonus shares) to shareholders for the fiscal year 2080/81 was passed.

Additionally, Mr. Navin Bhakta Shrestha and Mrs. Urmila Shrestha were re-elected, unopposed, to the Board of Directors, representing the public shareholders, for a four-year term.

The AGM also unanimously approved the reappointment of N. Amatya & Company as the auditor for the fiscal year 2081/82.