Closure of Chhimek Laghubitta (CBBL) for a 30% dividend

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The 20th Annual General Meeting (AGM) of Chhimek Bittiya Sanstha Limited (CBBL) was held on Poush 23. Starting 11 a.m. that day, the meeting will take place in Hotel Samana, Hetauda.

The AGM will vote on a 30% dividend for fiscal year 2077/78, among other items on the agenda. The board of directors decided to distribute the dividend on the 1.83 Arba paid-up capital their meeting on Mangsir 01 this year. There has been a proposal for a 27% bonus share and a 3% cash dividend (for tax reasons). As a result, the bonus shares are worth slightly more than Rs. 49.41 crores, while the cash dividend is worth slightly more than Rs. 5.49 crores.

In addition, the AGM, public shareholders will pick a board member.

The book will close on 07 Poush. As a result, shareholders who held their shares prior to that date are eligible for the dividend payment and are welcome to attend the AGM.

CBBL’s LTP is 1,476 of this writing.

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