Infinity Laghubitta (ILBS) Calls AGM on Poush 27, When's the Book Closure for 29.16% Dividend?

Infinity Laghubitta Bittiya Sanstha Limited (ILBS) has called its 5th AGM on 27th Poush, 2078. The meeting will be held in Hotel The Narayani, Nawalparasi, starting at 10 am that day.

Among other agendas, the AGM will endorse a 29.16% dividend for FY 2077/78. The company has proposed 27.7% bonus shares and a 1.46% cash dividend. The bonus shares are worth slightly over Rs. 8.99 crores and the cash dividend is worth Rs. 47.32 lakhs.

Furthermore, the AGM will also elect 4 board members from the promoters. There is also an agenda to endorse the decision of raising the company's existing authorized capital from Rs. 50 crores to Rs. 1 Arba.

Poush 15 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM.

AGM notice with annual financial highlights