Muktinath Bikas Bank (MNBBL) calls for approval of an 18.5 percent dividend at its annual general meeting.

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Muktinath Bikas Limited (MNBBL) has its 15th Annual General Meeting (AGM) for 25th of Mangsir, 2078.

AGM will also approve an 18.5 percent dividend for the fiscal year 2077/78, among other items on the agenda. During the 260th meeting of the board of directors, which was conducted on Kartik 12, it was agreed to distribute Rs. 4.81 Arba as dividend on the paid-up capital. It is proposed that the whole dividend be paid out in bonus shares, with the exception of a tiny part set aside for tax considerations.

In addition, AGM will approve an increase in the permitted capital to Rs. 8 Arba from its current level.

book will be closed on Mangsir 15, according to the calendar. As a result, shareholders who had their accounts in good standing before that date are eligible for the dividend payout are welcome to attend the AGM.

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