NMB Laghubitta (NMBMF) Calls AGM to Endorse 22.63% Dividend, When's the Book Closure?
Fri, Dec 10, 2021 10:45 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
NMB Laghubitta Bittiya Sanstha Limited (NMBMF) has called its 9th AGM on Poush 26. The meeting will be held in Hotel Pokhara Grande, Pokhara, starting at 11 am that day.
Among other agendas, the AGM will endorse a 22.63% dividend for the fiscal year 2077/78. The 119th meeting of the board of directors held on Kartik 11 has decided to distribute 21.5% bonus shares and 1.13% cash dividend (for tax purposes) from the paid-up capital. Since the paid-up capital of the company is Rs. 53,98,04,825, the bonus shares are worth slightly over Rs. 11.6 crore and the cash dividend is worth over Rs. 61.08 lakhs.
Poush 09 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, NMBMF has an LTP of Rs. 1,194.80.
