Book closure for 7th AGM of Sindhu Bikas Bank on Kartik 4; AGM to endorse 16.8% bonus share

Sindhu Bikas Bank Limited (SINDU) has published book closure date for the purpose of 7^th Annual General Meeting (AGM). Sindhu Bikas Bank 7^th AGM will be endorsing 16.8 percent bonus share and 0.88 percent cash dividend for tax purpose to its shareholders. The 157^th BOD Meeting of the company has proposed 16.8 percent bonus share to its shareholders from the net profit it earned in the last fiscal year 2072/73. As per the notice published by the bank today, the register of their shareholders will remain close from Kartik 4, 2073 for the purpose of its AGM. Only the shares registered one day ahead of the book closure date, i.e. Kartik 3 will be eligible for the bonus shares. SINDU has earned net profit of Rs 2.72 crore in the fourth quarter of the fiscal year 2072/73 as per unaudited report. It’s paid up capital stands at Rs 12.09 crore and after the issuance of 16.8 % bonus share it’s paid up capital will rise to Rs 14.12 crore.