Global IME Securities holds second AGM

KATHMANDU: Global IME Securities, a wholly owned subsidiary of Global IME Bank, completed its second annual general meeting (AGM) on Tuesday.

The meeting was presided over by Chairman Tek Nath Pokharel.

Managing Director Prabina Pandey said the firm had made significant progress amid share market volatility, regulatory guidance and investor expectations.

“By prioritising transparency, trust and service improvement, we have achieved significant progress in the last fiscal year 2024/25,” she said.

The AGM’s chief guest, Global IME Bank Chief Executive Officer Surendra Raj Regmi, described the company’s achievements to date as commendable and emphasised the need to work more effectively in future.

Chairman Pokharel then presented the board of directors’ report. Likewise, the proposed agenda was discussed, shareholders’ questions were answered, and all AGM proposals were unanimously passed.

The meeting approved the annual report; the financial statements, including the auditor’s report; the appointment of an auditor for the upcoming fiscal year and the determination of their remuneration; and amendments to the memorandum and articles of association.

Bank representatives, deputy registrar of the Office of the Company Registrar and other distinguished personalities from various sectors attended the AGM of Global IME Securities.