8.8% Bonus Shares of Mahalaxmi Bikas Bank (MLBL) Now Listed in NEPSE

27,03,413.96 units bonus shares of Mahalaxmi Bikas Bank Limited (MLBL) are now listed in NEPSE.

Mahalaxmi Bikas Bank convened its 19th AGM for the FY 2076-77 under the leadership of its chairman on Chaitra 13, 2077. The AGM endorsed the board’s proposal to provide 8.80% bonus shares and 0.46% cash dividends to shareholders. The same bonus shares are now listed in NEPSE.

As of writing, MLBL has an LTP of Rs. 450. Mahalaxmi Bikas Bank Limited has posted a net profit of Rs 403.60 million in the 3rd quarter of the fiscal year 2077/78.