May 23: Mahalaxmi Development has decided to distribute 9 percent cash dividend to its shareholders. The decision was made by the 16th annual general meeting of the bank.
DEMAT account holders of the bank will receive the dividend between June 4 to 10. Other shareholders are requested to register for DEMAT accounts between May 23 to June 3 to get the dividend.
The share registrar of Mahalaxmi Development Bank is Siddhartha Capital Limited.
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