Last Day to Grab 18.5% Dividend of Muktinath Bikas Bank (MNBBL)

Muktinath Bikas Bank Limited (MNBBL) has called its 15th AGM on 25th Mangsir, 2078.

Among other agendas, the AGM will endorse an 18.5% dividend for the fiscal year 2077/78. The 260th meeting of the board of directors held on Kartik 12 decided to distribute the dividend on the paid-up capital of Rs. 4.81 Arba. The entirety of the dividend has been proposed in bonus shares, except for a small portion for tax purposes.

Furthermore, the AGM will also endorse raising the authorized capital to Rs. 8 Arba.

Mangsir 15 is the book closure date. Thus, shareholders maintained till today are entitled to the dividend payout and can also attend this AGM.

As of writing, MNBBL has an LTP of Rs. 666.