Dutch-Bangla Bank PLC holds 5th Extraordinary General Meeting

throughdigital platform. The EGM was presided over by Ms. Sadia Rayen Ahmed, Chairmanof the Board of Directors of the Bank. At the outset of the meeting, theChairman welcomed the honorable shareholders to the EGM.  

Inthe presence of the honorable shareholders, among others, it was resolved thatthe Authorized Capital of the Bank be increased from Tk.15,000 million to Tk.35,000million. The existing authorized capital of the Bank is divided into 1,500million ordinary shares of Tk.10 each. Upon the increase, the authorizedcapital will be divided into 3,500 million ordinary shares of Tk.10 each. Inthis connection, the shareholders also approved the amendments to theMemorandum and Articles of Association of the Bank at the EGM.

The other Membersof the Board of Directors, and the Managing Director & CEO of the Bank werealso present in the EGM.

The Chairman extendedheartfelt thanks to the honorable shareholders for making the EGM a success.