Lumbini Bikas Bank Limited (LBBL) has called its 14th AGM on 9th Poush, 2078. The meeting will be held in the company’s head office in Dillibazar, Kathmandu, starting at 11: 15 am that day.
Among other agendas, the AGM will endorse a 13.712% dividend for the fiscal year 2077/78: 13% bonus share worth Rs. 37.78 crore and 0.6842% cash dividend for tax purposes worth slightly over Rs. 1.98 crores.
Mangsir 27 is the book closure date. Thus, shareholders maintained till today are entitled to the dividend payout and can also attend this AGM.
As of writing, LBBL has an LTP of Rs. 524.