Kathmandu. The 29th Annual General Meeting of Everest Bank Limited has been completed. The meeting held on Tuesday of the bank has passed the financial statement, balance sheet, profit and loss statement and cash flow statement for the same period, profit and loss distribution statement and annual report along with the auditor’s report.

General meeting to the shareholders. A proposal to distribute 10 percent bonus shares and 10.53 percent cash dividend (including tax on bonus shares) has been passed for 2079/80.

As the current issued and paid-up capital will increase after the proposed bonus shares are distributed by the bank, the general meeting has passed the proposal to amend the memorandum of association to increase the issued and paid-up capital.

The general assembly of the bank For 2080/81 Shri N. The decision to appoint Amatya & Company, Chartered Accountants as auditors has been unanimously passed.