Mahalaxmi Bikas Bank announces 15% dividend for its shareholders; Paid-up capital to reach Rs 2.84 arba after 8% bonus shares
Tue, Aug 28, 2018 10:36 AM on Dividend, Bonus & Rights, Stock Market, Featured,
Mahalaxmi Bikas Bank Limited (MLBL) has announced 15% dividend for its shareholders from the net profit of FY 2074/75.
As per the notice published in NEPSE, the development bank has announced 7% cash dividend and 8% bonus shares for its shareholders.
The decision taken by the meeting of BoD of the development bank is subject to approval from Nepal Rastra Bank and Annual General Meeting of the bank.
Its paid-up capital will reach Rs 2.84 arba from the current capital of Rs 2.63 arba after the adjustment of 8% bonus shares.
