Price Adjustment of 8% of Bonus Share of Laxmi Bank Ltd.

Price Adjusted - LBL | Adjusted Price for Laxmi Bank Limited is Rs. 270.37 for 8 % of Bonus Share.

Adjusted Price for Laxmi Bank Limited is Rs. 270.37 for 8 % of Bonus Share.

Nepal Stock Exchange (NEPSE) has adjusted the stock price of Laxmi Bank Ltd. (LBL).

The adjusted price of Laxmi Bank Ltd. is Rs. 270.37 for an 8% of bonus hare on the previous closing price of Rs. 292.

On the last day before the book close, there were a total of 407 trades amounting to Rs. 20,954,003.50 and 71,864 total shares traded.

The number of shares traded amounts to 0.15% of the total publicly traded shares.

As per the 250th Board Meeting of Laxmi Bank Ltd. held at 4:00 AM on November 30, 2021, the company approved the following dividends for FY 2077/78 on its current capital to its shareholders:

  • Total Dividend: 11.5%
  • Bonus Share: 8% (8,556,551.89 units)
  • Cash Dividend: 3.5% (Rs. 374,3 49,145.00)

The meeting also decided to hold its 21st Annual General Meeting (AGM) on December 23, 2021. The AGM will be held on the following date, time, and venue:

  • Date: December 23, 2021 (8 Poush, 2078)
  • Time: 2:00 PM Nepal Time
  • Venue: Agrawal Bhawan, Kamalpokhari, Kathmandu

The official notices can be found here: