Mahalaxmi Bikas Bank Proposes to Distribute 10.37% Dividend of FY 2081/82; How Much is Bonus and Cash Dividend?

Summary

Mahalaxmi Bikas Bank has proposed a total dividend of 10.37% for the fiscal year 2081/82, including 5% bonus shares and 5.37% cash dividends, subject to regulatory and AGM approval.

Key Points
  • Mahalaxmi Bikas Bank Limited proposed a 10.37% dividend for fiscal year 2081/82.
  • The proposal includes 5% bonus shares worth Rs. 21.48 Crores and 5.37% cash dividends worth Rs. 23.07 Crores.
  • The bank's paid-up capital stands at Rs. 4.29 Arba.
  • Dividend distribution is pending approval from the central bank and the upcoming AGM.
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