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Islamabad, Samba Bank Limited has scheduled its Twenty-First Annual General Meeting (AGM) for Thursday, March 28, 2024, at its Islamabad location. The primary agenda items include the confirmation of the minutes from the previous AGM, adoption of the Annual Audited Accounts for the year ended December 31, 2023, and the reappointment of the retiring auditors, M/s KPMG & Taseer Hadi & Co., for the new term. Additionally, special business to be considered involves the approval of circulating Annual Audited Financial Statements to members through QR enabled code and weblink as permitted by the Securities and Exchange Commission of Pakistan.
The bank’s management also highlights that the Share Transfer Books of the Bank will be closed from March 21, 2024, to March 28, 2024. For attending the AGM, shareholders must ensure their registration by March 20, 2024. The bank is also facilitating participation in the AGM via video link for registered shareholders and has emphasized the need for updating shareholder addresses and other particulars.
Furthermore, Samba Bank is implementing the mandatory provision of IBAN for electronic cash dividend payment and encouraging shareholders to convert their physical shares into book entry form. The bank is also prompting shareholders to register in the Central Depository Company’s Centralized Cash Dividend Registrar to access dividend information and advises on how to claim unclaimed dividends or shares.