Muktinath Bikas Bank’s 18.5 percent dividend is being paid out today only (MNBBL)

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Bikas Bank Limited (MNBBL) has scheduled its 15th Annual Meeting (AGM) for the 25th of Mangsir, 2078.

The AGM will also approve an 18.5 percent dividend for the year 2077/78, among other items the agenda. During the 260th meeting of the board of directors, which was 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 aside for tax considerations.

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

The book will be closed Mangsir 15, according to the calendar. As a result, shareholders who have held their shares up to the present day are eligible for the dividend payout and are welcome to attend the AGM.

currently has an LTP of Rs. 666 as of the time of writing.

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