Bikas

Garima Bikas Bank Limited (GBBL) has announced its 17th Annual General Meeting (AGM) scheduled for Poush 29, 2080. The venue for the meeting is set at Hotel Pokhara Grande in Pokhara, Kaski. One of the key agenda items for the AGM is the endorsement of a 10% dividend for the fiscal year 2079/80. This decision was reached during the 297th meeting of the board of directors held on Poush 04, 2080. The proposed distribution includes 9.50% bonus shares totaling Rs. 49.28 crores and 0.50% cash dividend (inclusive of tax) amounting to Rs 2.59 Crores. Another significant agenda involves the endorsement of the auditor's report, encompassing profit and loss statements, financial reports, and cash flow reports. Additionally, the appointment of an auditor for the fiscal year 2080/81 is on the agenda. There is also a proposal to increase the authorized capital of the company to Rs. 5.70 Arba. Furthermore, there is an agenda addressing the identification of a suitable development bank for potential merger and acquisition with Garima Bikas Bank Limited. The book closure date is set from Poush 17 to Poush 29, allowing shareholders holding shares before this period to be eligible for the dividend payout and attend the AGM. 1
Dividend

Garima Bikas Bank Limited (GBBL) has announced its 17th Annual General Meeting (AGM) scheduled for Poush 29, 2080. The venue for the meeting is set at Hotel Pokhara Grande in Pokhara, Kaski. One of the key agenda items for the AGM is the endorsement of a 10% dividend for the fiscal year 2079/80. This decision was reached during the 297th meeting of the board of directors held on Poush 04, 2080. The proposed distribution includes 9.50% bonus shares totaling Rs. 49.28 crores and 0.50% cash dividend (inclusive of tax) amounting to Rs 2.59 Crores. Another significant agenda involves the endorsement of the auditor’s report, encompassing profit and loss statements, financial reports, and cash flow reports. Additionally, the appointment of an auditor for the fiscal year 2080/81 is on the agenda. There is also a proposal to increase the authorized capital of the company to Rs. 5.70 Arba. Furthermore, there is an agenda addressing the identification of a suitable development bank for potential merger and acquisition with Garima Bikas Bank Limited. The book closure date is set from Poush 17 to Poush 29, allowing shareholders holding shares before this period to be eligible for the dividend payout and attend the AGM.

Garima Bikas Bank Limited (GBBL) has announced its 17th Annual General Meeting (AGM) scheduled for Poush 29, 2080. The venue for the meeting is set at Hotel Pokhara Grande in Pokhara, Kaski. One of the key agenda items for the AGM is the endorsement of a 10% dividend for the fiscal year 2079/80. This decision […]

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Muktinath Bikas Bank Announces 17th AGM with Dividend Approval Amidst NEPSE Trading Suspension 3
Dividend

Muktinath Bikas Bank Announces 17th AGM with Dividend Approval Amidst NEPSE Trading Suspension

Muktinath Bikas Bank Limited (MNBBL) has announced its 17th Annual General Meeting (AGM) scheduled for the 28th of Poush, 2080, to be held at City Square in New Road, Pokhara, starting at 10 AM. Among various agenda items, the AGM is set to approve a 10.2632% dividend for the fiscal year 2079/80. This decision was […]

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Mahalaxmi Bikas Bank Calls 22nd AGM: Proposes 6.40% Cash Dividend and Discusses Key Agendas 5
Dividend

Mahalaxmi Bikas Bank Calls 22nd AGM: Proposes 6.40% Cash Dividend and Discusses Key Agendas

Mahalaxmi Bikas Bank Limited (MLBL) has scheduled its 22nd Annual General Meeting (AGM) for the 28th of Poush, 2080. The venue for the meeting is set at Lainchour Banquet in Lainchaur, Kathmandu, starting at 10 am. One of the key agenda items for the AGM is the endorsement of a 6.40% cash dividend for the […]

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Lumbini Bikas Bank Calls 16th AGM, Proposes 8.5% Dividend for FY 2079/80 7
Dividend

Lumbini Bikas Bank Calls 16th AGM, Proposes 8.5% Dividend for FY 2079/80

Lumbini Bikas Bank Limited (LBBL) has announced its 16th Annual General Meeting (AGM) scheduled for the 26th of Poush, 2080. The meeting is set to take place at Amritbhog, Kalikasthan, Kathmandu, commencing at 11 am on the specified day. Among the key agendas to be addressed during the AGM, the endorsement of an 8.5% dividend […]

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Kamana Sewa Bikas Bank Limited Initiates Auction of 5,09,892 Promoter Shares: Exclusive Opportunity for Former Promoter Shareholders 9
Business | Market | Economy

Kamana Sewa Bikas Bank Limited Initiates Auction of 5,09,892 Promoter Shares: Exclusive Opportunity for Former Promoter Shareholders

The current promoters of Kamana Sewa Bikas Bank Limited (KSBBL) have initiated the auction of 5,09,892 units of shares, starting from the 25th of Mangsir, 2080. This auction is exclusively open to interested former promoter shareholders of the bank. Eligible bidders have a 35-day window from the publication date of this notice, which is also […]

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Lumbini Bikas Bank Initiates Auction of Promoter Shares to General Public and Institutions 11
Business | Market | Economy

Lumbini Bikas Bank Initiates Auction of Promoter Shares to General Public and Institutions

The current promoter of Lumbini Bikas Bank Limited (LBBL) has initiated an auction of 2,00,639 units of shares, making them available for interested members of the general public and institutions starting today. Bil Bahadur Gurung and Bindu Kumar Thapa, the promoters of LBBL, are selling 1,46,748 units and 53,891 units of their promoter shares to […]

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Lumbini Bikas Bank Promoter Initiates Auction for 37,319 Shares to Existing Shareholders 13
Business | Market | Economy IPO | FPO

Lumbini Bikas Bank Promoter Initiates Auction for 37,319 Shares to Existing Shareholders

The current promoter of Lumbini Bikas Bank Limited (LBBL) is initiating an auction for 37,319 units of shares to be exclusively offered to existing promoter shareholders, starting from today. Manlaxmi Thapa, a promoter of LBBL, is overseeing the sale of these 37,319 units of promoter shares to fellow existing promoter shareholders. Interested individuals are invited […]

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Janautthan Samudayic Laghubitta Bikas Bank Ltd. 15
r/NepalStock

Janautthan Samudayic Laghubitta Bikas Bank Ltd.

JSLBB has a EPS of 0.14 and PE ratio 6892 and is still trading at a price of 993 like how the hell is this even possible. View on r/NepalStock by Nawarajkarki

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"Garima Bikas Bank Introduces 11.99% Fixed Interest Home and SME Loans" 17
Business | Market | Economy

“Garima Bikas Bank Introduces 11.99% Fixed Interest Home and SME Loans”

    Garima Bikas Bank has introduced two new loan programs: Garima Easy Home and SME loans, both with a competitive interest rate of 11.99%. Borrowers can benefit from a fixed interest rate of 11.99% over a seven-year term under these new schemes. The bank’s extensive network consists of 121 branches and 50 ATM outlets, […]

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"Urgent Notice: Nepal SBI Bank and Mahalaxmi Bikas Bank Call on Shareholders to Claim Pending Dividends" 19
Dividend

“Urgent Notice: Nepal SBI Bank and Mahalaxmi Bikas Bank Call on Shareholders to Claim Pending Dividends”

  Nepal SBI Bank Limited (SBI) and Mahalaxmi Bikas Bank Limited (MLBL), along with their former entities (Century Commercial Bank Limited, Arniko Development Bank Limited, Innovative Development Bank Limited, Alpin Finance Limited, Sagarmatha Finance, and Seti Finance Limited), have issued a notice to their respective shareholders regarding the retrieval of outstanding dividends that were approved […]

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