Last trading day in NEPSE to clinch dividend of Laxmi Bank, Muktinath Bikas Bank and Civil Bank

Today is the last trading day in NEPSE to grab dividend of Laxmi Bank Limited, Muktinath Bikas Bank Limited and Civil Bank Limited.

Laxmi Bank (LBL) will be convening its 19th Annual General Meeting (AGM) on Poush 06, 2076. The book closure date has been set on Mangsir 23, 2076. Therefore, shareholders maintained on Mangsir 22 will be eligible for participating in AGM and claiming the dividend.

Laxmi Bank has proposed 15% dividend including 10% bonus shares for its shareholders.

Similarly; Muktinath Bikas Bank Limited (MNBBL) will be also convening its 13^th AGM on Mangsir 30, 2076 at Hotel Pokhara Grande, Pokhara from 11 AM onwards. 

For this purpose, the books of the development bank will remain closed from Mangsir 23, 2076 till the date of the AGM. Investors holding shares of MNBBL till Mangsir 22, 2076 will be eligible to participate in the AGM and claim the dividend.

The agenda of the AGM is to endorse audited financial highlights of FY 75/76 and appoint statutory auditor for FY 76/77. The AGM will also endorse 17.60% bonus shares worth Rs.64.72 Crore and 0.93% cash dividend (for tax purpose) worth Rs.3.40 Crore. The AGM will also elect 3 promoter shareholders and 2 ordinary shareholders as directors.

Whereas; Civil Bank Limited (CBL) will be convening its 9th Annual General Meeting on Poush 06, 2076 at Amritbhog, Kalikasthan Dillibajar, Kathmandu from 11 AM onwards. The book closure date for this purpose has been set in Mangsir 23, 2076. Therefore, shareholders maintained on Mangsir 22, 2076 will be eligible to participate in the AGM and claim the dividend.

The 291st Board Meeting held on Mangsir 13, 2076 has decided on the following agendas for the meeting:

• Approval of annual report to be presented by the Chairman for the year 2075/76.
• Approval of audited financial statements for the year 2075/76.
• Appointment of the auditor for the year 2076/77 and determination of the remuneration.
• Approval of 6.57% cash dividend proposed by the board.