Mahalaxmi Bikas Bank to conduct its 16th AGM today; company to issue 9% cash dividend

Mahalaxmi Bikas Bank Limited (MLBL) is conducting its 16th Annual General Meeting (AGM) today i.e. Baisakh 21, 2075. The AGM is being held at All in one Mart, Crown Banquet, Minbhawan. The book closure date for the general meeting was set on Baisakh 7, 2075 i.e. the shareholders holding shares of Mahalaxmi Bikas Bank till Baisakh 6, 2075 is eligible for participating in the AGM and for receiving the proposed cash dividend of 9%.

Mahalaxmi Bikas Bank has earned net profit of Rs 33.69 crore till the end of third quarter of FY 2074/75. Its paid-up capital currently stands at Rs 2.63 arba.