Jebils finance AGM and book close

April 10, 2019 | Investopaper

Jebils Finance has informed Nepal Stock Exchange (NEPSE) about its upcoming 8th and 9th AGM. The 189th board of directors meeting held on Chaitra 26, 2075 has decided to organize the Annual General Meeting (AGM) of two years on Baisakh 20,2076.

The meeting will take place at Kalimati Banquet, Kathmandu after 11:45 AM.

The chairman will present and discuss the financial report of F.Y 2073/74 and 2074/75 in the meeting.

The general meeting will approve 3.57 percent bonus share on capital of Rs. 57.79 crores from F.Y. 2073/74 and 1.24 percent bonus share on capital of Rs.80.91 crores from F.Y. 2074/75. The finance has also declared a cash dividend for tax purpose of both years.

The meeting will also provide approval for the merger process. Nepal Investment Bank is going to acquire Jebils finance. Both companies have signed the acquisition agreement.

For the purpose of AGM, the shareholder’s registration book will remain closed from Baisakh 5 to Baisakh 20, 2076. Investors purchasing shares until Baisakh 4 will be eligible to participate in the AGM.


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