Sindhu Development Bank’s 16th Annual General Meeting (AGM) is scheduled for tomorrow, Falgun 15, 2083 B.S.
The bank’s board of directors, in a meeting held on Magh 21, 2083 B.S., decided that the AGM will take place at Hotel Sarathi, Dhulikhel, Kavre, starting at 11:00 AM.
The AGM agenda includes giving the board full authority to undertake any merger, acquisition, or related process with other suitable banks or financial institutions. Shareholders will also review and approve the annual report for fiscal year 2081/82, along with the auditor’s report, balance sheet, profit and loss statement, cash flow statement, and financial schedules as of Asar-end.
Additionally, the AGM will include proposals for appointing the auditor for the current fiscal year and electing three board directors. The bank had set the book closure date on Magh 29, 2083 B.S., meaning only shareholders recorded by Falgun 28 are eligible to attend the meeting.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
