Kathmandu. Kamana Sewa Bikas Bank has concluded its 19th Annual General Meeting (AGM) at Lisara Reception, Naxal, Kathmandu on October 10. The AGM, chaired by Mr. Sudip Acharya, Chairman of the Board of Directors of the bank, approved 10% Bonus Share and 5.7895% Cash Dividend (including tax).
The AGM also unanimously endorsed the Annual Financial Statement, Balance Sheet, Profit or Loss Statement, Statement of Cash Flow of the Fiscal Year 2081/82 along with the Annual Financial Statement, Statement of Profit or Loss, Statement of Profit and Loss Sharing for the FY 2081/82.
Similarly, Sudip Acharya, Bhim Prasad Tulachan, Chaturakhar Adhikari and Balram Baral, Bishweshwar Subedi and Dr. Madhav Kumar Shrestha have been elected from the founding group for the next four years. Pawan Kumar Sharma has been elected unopposed.
The AGM approved the proposal of appointing NBSM & Associates as an auditor as per the recommendation of the audit committee of the bank.
Chairman of the Bank Mr. Sudip Acharya and Chief Executive Officer Mr. Dinesh Thakali responded to the queries raised by the shareholders during the AGM. Responding to the queries of the shareholders, Mr. Dinesh Thakali, Chief Executive Officer of the Bank, said that the bank has been able to distribute dividend in double digits in double digits and is committed to provide sustainable returns in the days to come.
