Today is the last day to clinch 20% bonus shares and 11.57% cash dividend of Swabalamban Laghubitta Bikas Bank Limited (SWBBL).
The company’s BOD meeting held on Ashwin 20, 2074 had declared 20% bonus along with 11.5789% cash dividend including for tax purpose from the profits of FY 2073/74.
The book closure date for the AGM has been set on Kartik 28, 2074. Thus only those shareholders owning shares till today (Kartik 27, 2074) i.e. one day ahead of the book closure date are eligible to participate in the AGM and proposed dividends.
From the net profit of FY 2072/73, SWBBL had distributed 34 percent bonus and 19.68 percent cash dividend to its shareholders.
SWBBL has proposed the bonus on its current paid up capital of Rs 41.89 crore. After issuance of 20% bonus share, its paid up capital will reach Rs 50.27 crore.
It will be convening its 16th Annual General Meeting (AGM) on Magsir 15, 2074. The AGM is going to be held at Lainchaur Banquet, Kathmandu.
Swabhalamban Laghubitta had earned net profit of Rs. 25.03 crore in the fourth quarter of the last fiscal year 2073/74.