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7% Bonus share annoucement with 5:2 Right Share Pending: Laxmi Bank
Published by Octron on September 15, 2009
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The 91st BOD meeting dated on 13th September 2009 (2066 Bhadra 28)has decided to provide 7% bonus share and applicable tax amount on the bonus share as cash dividend on subject to approval from NRB and its upcoming AGM. As the company is in the processes of issuing 5:2 right share that was approved on last year AGM. The declared bonus share could be 5% after right share.
According to the fourth quarter financial report of the bank, it had earned Rs. 186.169 million net profit and Rs, 298.376 million operating profits during the fiscal year 2065/66. The bank has Rs. 1.098 billion paid up capital and holds Rs. 246.348 million in reserve and surplus.
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