Mahalaxmi Bikas Bank distributes 9% cash dividend directly in bank account of shareholders; urges shareholders to dematerialize their shares

Mahalaxmi Bikas Bank Limited (MLBL)has published a notice regarding the distribution of Cash Dividend for its shareholders.

The bank had announced 9% cash dividend from the net profit of FY 2073/74 which has already been deposited in the respective bank accounts of the shareholders. MLBL has urged the remaining shareholders to receive cash dividend warrants from Siddhartha Capital from Jestha 9, 2075.

The bank has also urged the shareholders to dematerialize their shares.

MLBL has earned Rs 33.69 crore and its current paid-up capital stands at Rs 2.63 arba in the third quarter of the current FY 2074/75.