Garima Bikas Bank Call for 20th Annual General Meeting: Dividend Approval and Key Agendas
16th September 2026, Kathmandu
Garima Bikas Bank Limited has officially called its 20th Annual General Meeting (AGM) following a decision made by its Board of Directors meeting on Tuesday.
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Garima Bank Calls AGM
AGM Schedule and Venue Details
- Date of AGM: Ashwin 26, 2083
- Time: 10:30 AM
- Venue: Hotel Pokhara Grand, Birauta, Pokhara
Dividend Endorsement
The general meeting will approve a total dividend of 20% for the fiscal year 2082/83 based on the bank’s existing paid-up capital of NPR 6,02,13,48,367.22:
- Bonus Shares: 10%
- Cash Dividend: 10% (including tax)
Special Agendas
- Authorized Capital Increase: Endorsement of a proposal to increase the bank’s existing authorized capital to NPR 6.65 Billion.
- Amendments to Documents: Approval to amend the Memorandum of Association (MoA) and Articles of Association (AoA) to reflect the capital increase.
- Regulatory Authority: Authorization for the Board of Directors to make necessary revisions to the MoA and AoA if directed by regulatory bodies.
- Merger and Acquisition Authority: Full authorization granted to the Board of Directors to proceed with potential merger or acquisition processes with other suitable banks and financial institutions.
Financial Reports and Auditor Appointment
- Approval of the Annual Report and Auditor’s Report for the previous fiscal year 2082/83.
- Appointment of auditors and fixing their remuneration for the current fiscal year 2083/84.
- Book Closure and Shareholder Eligibility
- Book Closure Date: Ashwin 14, 2083
- Eligibility Cut-off Date: Shareholders registered in the bank’s books up to Ashwin 13, 2083 will be eligible to receive the proposed dividend and participate in the AGM.
For More: Garima Bank Calls AGM
