KATHMANDU: Nabil Bank Limited has announced that its 662nd Board of Directors meeting, held on August 11, 2024, resulted in significant resolutions that will be addressed at a forthcoming Special General Meeting (SGM).
This meeting is set for August 31, 2024.
The primary topics on the SGM agenda include the issuance of “Nabil’s 8% Irredeemable Non-cumulative Preference Shares” and a proposal to raise the bank’s authorized, issued, and paid-up capital.
The meeting will also cover essential amendments to the bank’s regulations, the bank said.
This meeting is pivotal for shareholders, as it will influence the future financial and operational strategies of Nabil Bank, it said.
The bank has urged stakeholders to engage actively in the discussions and decisions that will direct the bank’s future trajectory.
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