Machhapuchchhre Bank Unveils Book Closure Date for its 6% Dividend; Calls AGM on Ashwin 28

Machhapuchchhre Bank Limited (MBL) has called its 28th AGM on 28th Ashwin, 2083. The meeting will be held in Hotel Pokhara Grand, Pokhara, starting at 11 AM that day. Among the other agendas, the AGM will endorse a 6% dividend for the fiscal year 2082/83. The 564th meeting of the Board of Directors has decided to distribute the dividend from the paid-up capital of Rs. 12.08 Arba. 3% bonus shares and 3% cash dividend have been proposed. Thus, the bonus shares are a little over Rs. 36.25 crore and the cash dividend is worth a little over Rs. 36.25 crores. Furthermore, there is an agenda to endorse the auditor's report with PL statements, financial reports, and cash flow reports for FY 2079/80 and appoint an auditor for the fiscal year 2080/81. Also to approve an 8.25% cash dividend of Rs. 7,45,89,041 to preference shareholders, including tax, on a proportionate basis. The book closure date is on Ashwin 12. Therefore, the shareholders maintained before that day are entitled to dividend payout and can attend this AGM. AGM Notice: