Lumbini Bikas Bank to convene AGM on Poush 29; Agenda to approve 15% cash and 5% bonus dividend
Tue, Dec 24, 2019 1:08 PM on AGM/Special AGM, Book Closure, Dividend, Bonus & Rights, Latest, Stock Market,
Lumbini Bikas Bank Limited (LBBL) will be convening its 12th AGM on Poush 29, 2076 at Amritbhog, kalikasthan, Kathmandu from 11 AM onwards.
The 351st Board Meeting held on Poush 07, 2076 has decided on the following agendas for the meeting:
- Approval of the annual report for 2075/76 of the BOD.
- Approval of the audited financial statements for the year 2075/76.
- Appointment of the auditor for 2076/77 and determination of the remuneration.
- Approval of 15% cash dividend worth Rs 38.80 crore (including tax for bonus and cash dividend) and 5% bonus shares worth Rs 12.93 crore for its shareholders.
The book closure is on Poush 18 2076. Therefore, shareholders maintained on Poush 17, 2076 will be eligible to participate in AGM and claim dividend.
