Last day to grasp 13.25% Bonus of Bank of Kathmandu

Today is the last day to secure 13.25% bonus of Bank of Kathmandu.

As per the notice published by the Bank of Kathmandu, its  23rd AGM will be held on Ashard 28, 2075  at Kundalini Banquet, Kathmandu at 10:00 AM.

Shareholders owning shares before the date of book closure i.e Ashard 7, 2075 will be eligible for bonus shares.

The main agendas are:

1. Endorsement of 13.25% bonus shares for the shareholders
2. Amendment in the MOA and providing the necessary authority to the Board of Directors regarding the same.
3. Appointment of 3 directors from the promoters group.
4. Appointment of statutory auditor for  the F/Y 2074/75 

Bank of Kathmandu had a paid-up capital of Rs 6.24 arba. The bonus share will hike the capital to Rs 7.07 arba. The company's capital will still not meet the paid-up requirement laid by central bank. BOKL will need additional 93 crores(13%) in order to meet the requirement of 8 arba .