Miteri Development Bank Limited (MDB) has announced its 20th Annual General Meeting (AGM), scheduled for 6th Mangsir, 2082. The meeting will be held at Sunsari Udhyog Banijya Sangh, Dharan-1, Sunsari, starting at 11:00 AM.
Key Agendas of the AGM:
- Dividend Declaration:
- The AGM will endorse a 10% cash dividend for FY 2081/82.
- The 264th board meeting held on Ashwin 29 proposed this dividend on the paid-up capital of Rs. 1.21 Arba, amounting to Rs. 12.17 Crores (for tax purposes).
- Financial Statements and Auditor Appointment:
- Endorsement of the auditor’s report, along with the profit & loss statements, financial reports, and cash flow reports.
- Appointment of an auditor for FY 2082/83.
- Board of Directors Election:
- Election of 3 directors from the public shareholding group.
- Merger & Acquisition Planning:
- Identification of appropriate banks and financial institutions for potential mergers and acquisitions with MDB.
Book Closure Date:
- Kartik 23, 2082
- Shareholders holding shares before this date are eligible for the dividend payout and entitled to attend the AGM.