Mahalaxmi Bikas Bank Distributed 4% Bonus Shares to Demat Accounts
Mon, Apr 17, 2023 10:05 AM on Latest, Dividend, Bonus & Rights,

Mahalaxmi Bikas Bank Limited (MLBL) has distributed 4% bonus shares directly to the DEMAT account of its shareholders respectively and urged them to dematerialize their shares.
The bank convened its 21st AGM for the FY 2078/79 on Poush 29, 2079. The company endorsed a 10.47% dividend for FY 2078/79. A cash dividend of 6.47% and bonus shares of 4% were proposed from the paid-up capital of Rs. 4.01 Arba. Note that the bonus shares are already listed in NEPSE.
Shareholders will have to dematerialize their shares at Siddhartha Capital Limited, Naxal, Kathmandu.