Chhimek Laghubitta AGM on Mangsir 18; 45% dividend and 2:1 right in offing

ShareSansar, November 13:

Chhimek Laghubitta Bikas Bank Limited (CBBL) is going to hold its 13th Annual General Meeting on Mangsir 18, 2071; which will endorse 35 percent bonus share and 10 percent cash dividend (including cash for tax purpose) from the net profit earned in the last fiscal year 2070/71.

The bank is also set to approve the proposal to issue 2:1 ratio right share to its shareholders; which is subject to approval from the company’s upcoming AGM. It is stated that the right issue will come in to effect only after issuing the bonus shares.

The bank has also announced the book closure for the same from Mangsir 5 to Mangsir 18, 2071.

Only those shareholders who own the shares of the bank till Mangsir 4 will be entitled to get the dividends offered by the bank.

Other agenda includes the approval of financial statement of FY 2070/71.