Mahuli Laghubitta Bittiya Sanstha Limited (MSLB) has called its 9th AGM on 24th Poush, 2078. The meeting will be held in the company’s head office in Saptari, starting at 11 am that day.
Among other agendas, the AGM will endorse the 26% dividend for the fiscal year 2077/78. The 120th meeting of the board of directors held on Kartik 13 has decided to distribute 26% bonus shares from the paid-up capital. Since the paid-up capital of the company is Rs. 22.39 crore the bonus shares amount to Rs. 5.82 crore.
Furthermore, there is also an agenda to discuss the issuance of Follow On Public Offer (FPO) at a premium rate.
Poush 12 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM. The ordinary shares of MSLB closed at Rs. 1,601 yesterday.