Mahalaxmi Bikas Bank Proposes 6.40% Cash Dividend for FY 2079/80
Wed, Dec 20, 2023 10:19 AM on Dividend, Bonus & Rights, Latest,
Mahalaxmi Bikas Bank Limited (MLBL) has proposed a 6.40% dividend for the fiscal year 2079/80.
The 579th meeting of the board of directors held on Poush 3 decided to distribute the dividend on the paid-up capital of Rs. 4.17 Arba. A 6.40% cash dividend (including tax) worth Rs 26.69 Crore has been proposed.
The dividend will be distributed only after approval by the central bank and endorsement by the company's upcoming AGM.
As of writing, MLBL has the last trading day's closing at Rs. 352.
Dividend History: