The Nepal Bangladesh Capital general assembly has come to an end. The proposed 19 percent cash dividend was approved by the meeting. On Monday, the organization’s third annual general meeting, held at Indreni Foodland in Baneshwor, approved the dividend requested by the board of directors.
The organization’s paid-up capital is currently Rs. 200 million. The wealthy would receive a cash dividend of Rs 38 million at a 19 percent rate.
The meeting also discussed the Board of Directors’ report for Fiscal Year 2077/78, the Auditor’s report, and the balance statement for the fiscal year that concluded on 31st Ashad, 2078 BS, as well as the report for the fiscal year that finished on the same date. The profit and loss account as well as the cash flow statement for the fiscal year 2077/78 have been approved.
The Assembly has approved proposals to appoint an auditor to audit the Fiscal Year 2078/79 BS in accordance with Section 111 of the Companies Act, 2063 BS, and to set his compensation and appointment conditions.