Thursday, December 26, 2013

Chhimek Laghubitta Bikas Bank to endorse 15% cash & 33.23% bonus share

Chhimek Laghubitta Bikas Bank Limited is holding its Annual General Meeting today.

The 12th AGM of the microfinance development bank being held at Motel Avocado Meeting Hall in Hetauda is due to endorse 15 percent cash and 33.23 percent bonus Share to its shareholders from the net profit it earned in the last fiscal year 2069/70.

Chhimek Laghubitta had posted a net profit of Rs.10.77 crore in the last fiscal year.

The AGM is also expected to take a decision to soar up the authorized capital of the microfinance. -SSN

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