66,84,805.45 Bonus Shares of Mahalaxmi Bikas Bank (MLBL) Listed in NEPSE

Wed, Apr 13, 2022 10:55 AM on Latest, Dividend, Bonus & Rights, Share Listed,

66,84,805.45 unit bonus shares of Mahalaxmi Bikas Bank Limited (MLBL) have been listed in NEPSE.

The 20th AGM of the company held on 25th Poush, 2078 endorsed a 21.0526% dividend for the fiscal year 2077/78. The meeting of the board of directors held on Mangsir 12 decided to distribute the dividend on the paid-up capital of Rs. 3.34 Arba. 20% bonus shares worth Rs 66.84 crores and 1.0526% cash dividend (including tax) worth Rs 51.83 lakhs were proposed.

Poush 13 was the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout.

As of writing, MLBL has an LTP of Rs. 403.