Laxmi Bank (LBL) is conducting its 19th AGM in Agrawal Bhawan, Kamalpokhari, Kathmandu at 2:00 PM. The AGM will endorse a proposal of distributing 10 percent stock and 5 percent cash dividend.
Laxmi Bank closed its books on December 9, thus, the shareholders registered in its books till December 8 can attend the AGM and obtain the announced dividend.
Presently, the bank has a paid-up capital of Rs 8.92 billion that will reach Rs 9.81 billion after the bonus share distribution.
Similarly, Civil Bank (CBL) is conducting its 9th AGM in Amritbhog, Kalikasthan, Dillibazar at 11:00 AM.
The bank is scheduled to endorse a proposal of distributing 6.57 percent cash dividend to its shareholders.
The meeting will also delegate authority to BOD to forward merger/acquisition with suitable partners. The bank closed its book on December 9, thus, the shareholders registered in its book till December 8 are eligible to attend the AGMs and obtain the announced dividend.
