Manakamana Smart Laghubitta (MKLB) holds an annual general meeting to approve a 17 percent dividend.

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Manakamana Smart Laghubitta Bittiya Sanstha Limited (MKLB) scheduled its 4th Annual General Meeting (AGM) on the 19th Poush of the year 2078. The gathering take place at the Hotel Pauwa in Rupandehi on that day, beginning at 2 p.m.

The AGM also approve a 17 percent dividend for the fiscal year 2077/78, among other items on the agenda. It was during the 66th meeting of the board of directors, which took place on Kartik 16, to distribute the whole dividend in the form of bonus shares. In terms of paid-up capital, the company Rs. 12,11,50,000 in cash on hand. As a result, the bonus shares have a of little more than Rs. 2.5 crores.

Since the company began a joint operation with Smart Laghubitta on Shrawan last year, the company has granted a tax exemption on the dividend request, which was previously denied. Shareholders not be required to pay the tax amount associated with the dividend that been proposed.

Furthermore, at this meeting, two board members be elected from among the general public shareholders.

Poush 04 is the date on which the book will be closed. As a result, shareholders who had their accounts in good standing before that date are eligible for the dividend payout and are welcome to attend the AGM.

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