MSLB (Mahuli Laghubitta Bittiya Sanstha Limited) has scheduled its 9th Annual General Meeting for the 24th of Poush, 2078. The meeting will begin at 11 a.m. that day at the company’s headquarters in Saptari.
The AGM will approve a 26% dividend for fiscal year 2077/78, among other items on the agenda. On Kartik 13, the board of directors decided to distribute 26 percent bonus shares from the paid-up capital at its 120th meeting. The bonus shares are worth Rs. 5.82 crore, based on the company’s paid-up capital of Rs. 22.39 crore.
A discussion of the issue of a premium rate Follow On Public Offer (FPO) is also on the agenda.
The book will be closed on Poush 12th. As a result, shareholders who held shares prior to that date are entitled to the dividend payment and are welcome to attend the AGM. MSLB’s ordinary shares closed yesterday at Rs. 1,601.