STOCK WATCH: Last day to clinch 35% bonus and 10% Cash Dividend of Chhimek Laghubitta

ShareSansar, November 20:

Today is the last day for the investors to get hold of the dividend pledged by Chhimek Laghubitta Bikas Bank (CBBL) for the fiscal year 2070/71.

Chhimek Laghubitta is closing its shareholder register book from tomorrow (Mangsir 5) to convene its annual general meeting (AGM).

The Chhimek has scheduled its AGM on Mangsir 18.  Only those investors buying shares of the company till today (Thursday) will be entitled for the dividend that it has announced for the fiscal year 2070/71 and allowed to attend the AGM.

Chhimek Laghubitta has already proposed 35 percent bonus share and 10 percent cash dividend to its shareholders from the profit of FY 2070/71.

The bank is also set to approve the proposal to issue 2:1 ratio right share to its shareholders which is subject to approval from AGM. The report clearly stated that the right issue is after issuing bonus share.