February 12: Laxmi Bank held its 18th Annual General Meeting (AGM) in Kathmandu on Monday, February 11.
The AGM approved the proposal of distribution of 8.5 percent bonus shares on the current paid up capital of the bank. The paid up capital of the bank shall grow up to Rs 8.92 billion after distribution of the bonus shares.
The AGM also approved distribution of 0.45 percent cash dividend. The AGM discussed and approved the directors’ report and the financial statements for the financial year 2017/018.