Machhapuchchhre Bank Approves Bonus

January 8: Machhapuchchhre Bank is providing 20.75 per cent bonus share and 1.05 per cent cash dividend. The 18^th annual general meeting of the bank held on January 6 in Pokhara endorsed a proposal of issuing the bonus share to its shareholders. Moreover, the meeting also endorsed a proposal of issuing 12 per cent right share maintained after issuance of bonus share.

Dr Birendra Mahato, Chairman of the bank presented annual report of the FY 2072/73 in the AGM. Furthermore, the AGM unanimously elected Ram Man Shrestha, Omesh Lal Shrestha and Vishwo Prakash Gautam from general shareholders as the members of board of directors.