Pubali Bank holds 7th EGM

The 7th Extraordinary General Meeting (EGM) of Pubali Bank PLC was held virtually on Sunday. 

The meeting was chaired by Monzurur Rahman, Chairman of the Board of Directors of Pubali Bank PLC, says a press release.

Directors Azizur Rahman, Md Abdur Razzak Mondal, Rana Laila Hafiz, Mustafa Ahmed, Arif Ahmed Choudhury, Dr ShahinuzzamanYaqub, Kabir Ahmed, Sajid Azad and Independent Director Dr Hasina Sheykh participated in the meeting virtually. 

Chief Financial Officer and General Manager Mohammad Liton Miah, FCA, and Company Secretary and General Manager Md Anisur Rahman were also connected virtually. Shareholders also attended the meeting through the virtual platform.

Based on the approval of the shareholders, in the EGM the shareholders approved the proposal to increase the Bank’s Authorized Capital from Tk. 2,000 crore, divided into 200 crore ordinary shares of Tk. 10 each, to Tk. 4,000 crore, divided into 400 crore ordinary shares of Tk. 10 each.