Jyoti Bikas Bank Limited’s 18th Annual General Meeting (AGM) is being held today, Falgun 28, at Lisara Reception, Naxal, Kathmandu, starting from 11:00 AM.
The bank’s board meeting on Poush 30 had already decided not to distribute any dividend from last fiscal year’s profit, so no dividend proposal is included in the AGM agenda.
During the meeting, the annual report, auditor’s report, profit and loss statement, cash flow statement, and other financial statements for the previous fiscal year will be reviewed and approved. Additionally, the financial statements of the bank’s subsidiary, Jyoti Capital Limited, along with the bank’s consolidated financial statements, will be discussed and ratified.
The AGM will also consider the appointment of auditors for the current fiscal year and determination of their remuneration.
For the purpose of the AGM, the bank had announced a one-day book closure on Falgun 14, meaning only shareholders registered in NEPSE as of Falgun 13 are eligible to participate in the meeting.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
