Lumbini Bikas Bank Limited (LBBL) calls AGM on Poush 26; When's the book closure for 10% Dividend?
Sun, Dec 20, 2020 12:43 PM on Latest, AGM/Special AGM, Book Closure,
The 380th meeting of the board of directors of Lumbini Bikas Bank Limited (LBBL) held on Poush 04 has called its 13th AGM on Poush 26. The meeting will be streamed virtually starting from 11 am that day.
Among other agendas, the AGM will endorse the dividend for the fiscal year 2076/77. Lumbini Bikas Bank has proposed a 10% dividend for the fiscal year 2076/77. The 378th meeting of the board of directors held on Mangsir 23 has proposed a 7% bonus shares and 3% cash dividend from the paid-up capital for the fiscal year 2076/77. The paid-up capital of the company is Rs. 2,71,63,11,728.55.
Furthermore, the AGM will also approve the amendment of capital (capital adjustment) after the distribution of the bonus share.
The book closure date is announced on Poush 14. Thus, investors maintained till that day are entitled to the dividend payout and can also attend the AGM. Books will be closed from Poush 14 to Poush 26.
