Mahila Laghubitta (MLBSL) Calls AGM to Endorse Dividend and Elect Board Members
Tue, Nov 16, 2021 12:24 PM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
Mahila Laghubitta Bittiya Sanstha Limited (MLBSL) has called its 4th AGM on 22nd Mangsir, 2078. The meeting will be held in Himalaya Drishya Resort, Dhulikhel, starting at 10: 30 am that day.
Among other agendas, the AGM will endorse the dividend for the fiscal year 2077/78: 47.5% bonus shares and 2.5% cash dividend. The bonus shares are worth Rs. 4.75 crores and the cash dividend is worth Rs. 25 lakhs. This is the company's first-ever dividend after being listed in NEPSE.
Furthermore, the AGM will also elect 2 board members from the public shareholders.
Mangsir 16 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM.
As of writing, MLBSL has an LTP of Rs. 5,091.
