September 20, 2026

Machhapuchchhre Bank Convenes 28th AGM for Ashoj 28 to Approve Dividends

20th September 2026, Kathmandu

Machhapuchchhre Bank Limited has officially called its 28th Annual General Meeting (AGM) for Ashoj 28, 2083, in Pokhara.

The decision was made during the bank’s 565th Board of Directors meeting held on Ashoj 2.

The bank has finalized the date, time, and venue for the upcoming general assembly and invited all eligible shareholders to attend.

The AGM will discuss passing the annual financial reports, appointing auditors, approving declared dividends, and electing new board members.

Financial Reports Approval: Endorsement of the Board of Directors’ annual report, auditor’s report, and standalone as well as consolidated financial statements for FY 2082/83, including Machhapuchchhre Capital and Machhapuchchhre Securities.
Auditor Appointment: Appointment of the external auditor for FY 2083/84 along with determining their remuneration and service terms.
Independent Director Appointment: Informing shareholders regarding the appointment of Arjun Kumar Gautam as an Independent Director for a four-year term to fill a vacant board position.
Preference Share Dividend: Approval of an 8.25 percent cash dividend for preference shareholders, amounting to NPR 74,589,041.
Ordinary Share Cash Dividend: Approval of a 3 percent cash dividend for ordinary shareholders, amounting to NPR 362,586,347.
Bonus Shares Payout: Approval of a 3 percent bonus share distribution to ordinary shareholders.
Statute Amendments: Approval of amendments to the Memorandum of Association to reflect the increase in issued and paid-up capital following the bonus share distribution, alongside updating board meeting and director remuneration rules in the Articles of Association.
Director Elections: Election of four board members (three representing promoter shareholders and one representing public shareholders).

The bank has set the record date for determining shareholder eligibility for the AGM and dividend distribution.

Book Closure Date: Ashoj 12, 2083 (closed for one day).
Shareholder Eligibility: Only shareholders trading on NEPSE before Ashoj 12 and officially registered in Demat accounts or with the share registrar (Machhapuchchhre Capital) within the prescribed time will be eligible to participate, vote, and receive dividends.