Chhimek Laghubitta (CBBL) Calls AGM on Poush 23, When’s the Book Closure for 30% Dividend?

chhimek-laghubitta-(cbbl)-calls-agm-on-poush-23,-when’s-the-book-closure-for-30%-dividend?

Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) has called its 20th AGM on Poush 23. The meeting will be held in Hotel Samana, Hetauda, starting at 11 am that day.

Among other agendas, the AGM will endorse a 30% dividend for the fiscal year 2077/78. The meeting of the board of directors held on Mangsir 01 decided to distribute the dividend on the paid-up capital of Rs. 1.83 Arba. 27% bonus shares and 3% cash dividend (tax purposes) have been proposed. Thus, the bonus shares are worth a little over Rs. 49.41 crores and the cash dividend is worth a little over Rs. 5.49 crores.

Furthermore, the AGM will also elect a board member from the public shareholders.

Poush 07 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM.

As of writing, CBBL has an LTP of Rs. 1,476.

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