7th AGM of Nepal SBI Merchants completed

KATHMANDU, Dec 05: The seventh annual general meeting (AGM) of the shareholders of Nepal SBI Merchant Banking has been completed.

The general meeting was held at the central office of Nepal SBI Bank, Kesharmahal on Monday. The meeting also passed the reports of the board of directors for the financial year 2021/22, annual financial statement, profit/loss account for the financial year 2021/22 and schedules related to the annual financial statement.

The General Assembly has approved the appointment of SMC Associates, Chartered Accountant as an auditor and his remuneration for auditing the company for the financial year 2022/23.