Mahalaxmi Bikas Bank to Conduct AGM on Jan 13

Dec 23, 2022 01:10 PM Merolagani

Mahalaxmi Bikas Bank (MLBL) is conducting its annual general meeting (AGM) on January 13 in Lainchaur Banquet, Lainchaur, Kathmandu at 10:00 am.

The meeting will approve a proposal of distributing 4 percent stock and 6.47 percent cash dividend to its shareholders.

Moreover, the meeting will delegate authority to BOD to bring foreign banks or financial institutions as strategic partner and amend its article and memorandum of association.

 In this regard, the company will close its book on January 2, thus, the shareholders registered in its book till January 1 will be eligible to attend the AGM and obtain the announced dividend.

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