{"id":30093,"date":"2026-05-27T14:16:34","date_gmt":"2026-05-27T08:31:34","guid":{"rendered":"https:\/\/bankingsansar.com\/?p=30093"},"modified":"2026-05-27T14:20:08","modified_gmt":"2026-05-27T08:35:08","slug":"8th-special-general-meeting-of-citizens-bank-to-be-held-on-june-17-2","status":"publish","type":"post","link":"https:\/\/english.bankingsansar.com\/news\/30093","title":{"rendered":"8th Special General Meeting of Citizens Bank to be held on June 17"},"content":{"rendered":"<p><div>. Citizens Bank has called its Eighth Special General Meeting. The meeting of the Board of Directors of the bank has decided to hold the AGM on June 17. <\/div>\n<\/p>\n<p><div><\/div>\n<\/p>\n<p>The meeting will begin at 9:00 am at the bank&#8217;s head office in Durbar Marg, Kathmandu via Zoom and physical means.TAG_OPEN_div_19 The meeting will endorse a special proposal to issue &#8216;Citizens Unissued, Unreserved, Preference Shares&#8217; worth Rs 2 billion at face value of Rs 100. <\/p><\/div>\n<\/p>\n<p><div><\/div>\n<\/p>\n<p>The preference share has an annualized dividend rate of 7.5 percent.TAG_OPEN_div_17 The meeting will also endorse a special proposal to amend the relevant clauses of the Memorandum of Association for the issuance of preferential shares. <\/p><\/div>\n<\/p>\n<p><div><\/div>\n<\/p>\n<p>The meeting shall pass a resolution authorizing the Board of Directors to amend the Memorandum of Association and Articles of Association in accordance with the suggestions of the regulatory bodies for the issuance of preference shares.TAG_OPEN_div_15 <\/p><\/div>\n<\/p>\n<p><div><\/div>\n<\/p>\n<p>The AGM shall also elect 1 director from the promoter group and 2 directors from the general public to the board of directors.TAG_OPEN_div_13 <\/p><\/div>\n<\/p>\n<p><div><\/div>\n<\/p>\n<p>The bank has decided to close its book on June 10 for the purpose of Special General Meeting.TAG_OPEN_div_11 <\/p><\/div>\n<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>. Citizens Bank has called its Eighth Special General Meeting. The meeting of the Board of Directors of the bank has decided to hold the AGM on June 17. The meeting will begin at 9:00 am at the bank&#8217;s head office in Durbar Marg, Kathmandu via Zoom and physical means.TAG_OPEN_div_19 The meeting will endorse a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17087,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[123,126,147],"tags":[],"class_list":["post-30093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-update-en","category-banking-news-en","category-news-en"],"acf":[],"jetpack_featured_media_url":"https:\/\/bankingsansar.com\/wp-content\/uploads\/2025\/02\/citizens-bankk.jpg","_links":{"self":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts\/30093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/comments?post=30093"}],"version-history":[{"count":1,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts\/30093\/revisions"}],"predecessor-version":[{"id":30094,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts\/30093\/revisions\/30094"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/media\/17087"}],"wp:attachment":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/media?parent=30093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/categories?post=30093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/tags?post=30093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}