Nabil Bank held its 24th annual general meeting (AGM) Yesterday. The Meeting approved the directors' report 2007-08 and financial statements relating to the fiscal year 2007-08 together with the auditor's report. The AGM also approved a 60 per cent cash dividend for a share with Rs 100 par value and the issuance of 40 per cent bonus shares. The meeting appointed GP Rajbahak & Co the statutory auditor of the bank for FY 2008-09. It also approved the amendment proposed in the Articles of Association and Memorandum of Association as proposed in the agenda.
Source: Jamb News Service
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Tuesday, October 7, 2008
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