Laxmi Bank and Civil Bank convening AGM today; Find out the agendas

Laxmi Bank...

Laxmi Bank (LBL) will be convening its 19th Annual General Meeting (AGM) on (today) Poush 06, 2076.

The breakdown of proposed dividend is as follows:

Bonus share: 10% worth Rs 89.20 crore
Cash dividend: 5% worth Rs 44.60 crore (including tax amount)
Total: 15% worth Rs 1.33 arba

The existing paid up capital of Laxmi Bank is Rs 8.92 arba. Post the adjustment of bonus shares, the paid-up capital of the bank will reach Rs 9.812 arba.

The book closure date has been set on Mangsir 23, 2076. Therefore, shareholders maintained on Mangsir 22 are eligible for participating in AGM and claiming the dividend.

Civil Bank Limited (CBL) will be convening its ninth Annual General Meeting on (today) Poush 06, 2076 at Amritbhog, Kalikasthan Dillibajar, Kathmandu from 11 AM onwards.

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.

The book closure date for this purpose has been set in Mangsir 23, 2076. Therefore, shareholders maintained on Mangsir 22, 2076 are eligible to participate in the AGM and claim the dividend.

Announcement