Sindhu Development Bank has called its 16th Annual General Meeting (AGM). The decision was made during the bank’s board of directors meeting on Magh 21, 2082 B.S. The AGM is scheduled for Falgun 15, 2082 B.S., at Hotel Sarathi, Dhulikhel, Kavre, starting at 11:00 AM.
During the AGM, shareholders will consider and approve a proposal granting the board of directors full authority to complete any merger or acquisition process with Sindhu Development Bank or other suitable banks and financial institutions.
The AGM will also review and approve the annual report for FY 2081/82, the auditor’s report, financial statements up to Asar 2082 B.S., cash flow statements, profit and loss accounts, and related schedules. In addition, shareholders will vote on the appointment of auditors for the current fiscal year and the election of three board members.
For the purposes of the AGM, the bank has decided to close its books on Falgun 29, 2082 B.S. for one day.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
