Mahalaxmi Bikas Bank Limited has proposed a total dividend of 7.48% to its shareholders from the distributable profit of the fiscal year 2025/26 (2082/83). The proposed dividend comprises 3.70% bonus shares and 3.78% cash dividend.
A meeting of the Bank’s Board of Directors, held at 3:00 PM on Friday, November 6, 2026 (Kartik 20, 2083), as its 657th board meeting, decided to recommend the dividend based on the bank’s paid-up capital of Rs. 4.51 billion (Rs. 4,51,12,81,065.90) as of the end of Ashad 2083.
Under the proposal, the bank will distribute bonus shares worth Rs. 166.92 million (Rs. 16,69,17,399.44). Similarly, it has proposed a cash dividend of Rs. 170.53 million (Rs. 17,05,26,424.29), including the amount required to cover applicable dividend taxes.
The total proposed dividend amounts to Rs. 337.44 million (Rs. 33,74,43,823.73).
The proposed dividend is subject to approval from Nepal Rastra Bank (NRB) and subsequent endorsement by the bank’s 25th Annual General Meeting (AGM). Shareholders will receive the dividend only after the completion of these approval processes.
Published by Mahalaxmi Bikas Bank on 2083-7-22
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