Nepal Investment Mega Bank’s 38th AGM on Falgun 15

Nepal Investment Mega Bank is set to hold its 38th Annual General Meeting on Falgun 15 at the National Assembly Hall, Kathmandu, where crucial decisions shaping the bank’s future will be made. A special proposal to grant full authority to the board of directors for effective administrative operations will be approved, while elections will be held for four directors from the founder group and two from the general shareholders. With the election, previously halted by a Supreme Court order, now set to take place, new energy is expected in the bank's management. The financial report for 2079/80 will be passed, and an auditor will be appointed for the upcoming fiscal year. The bank's decision not to distribute dividends has disappointed shareholders, potentially impacting financial stability and investor confidence.