Lumbini Bikas Bank Calls AGM on Poush 29 to Endorse 7% Dividend; Book Closure on Poush 19
Mon, Dec 23, 2024 10:22 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
Lumbini Bikas Bank Limited (LBBL) has called its 17th AGM on 29th Poush, 2081. The meeting will be held in the Amritbhog, Kalikasthan, Kathmandu, starting at 10:30 am that day.
Among the other agendas, the AGM will endorse a 7% dividend for FY 2080/81. The company's 490th meeting of the board held on Poush 5, 2081, has proposed a 7% dividend from the paid-up capital. The paid-up capital of the company stands at Rs. 3.51 Arba. 3% bonus shares worth Rs. 10.55 crores and 4% cash dividend (including tax) worth Rs 14.07 crores have been proposed.
Furthermore, there is an agenda to endorse the auditor's report with PL statements, financial reports, and cash flow reports and appoint an auditor for the fiscal year 2081/82. There is an agenda to approve the appointment of an independent director.
Poush 19 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM.
