Annual General Meeting (AGM) and Dividend Proposal at Laxmi Sunrise Bank
Laxmi Sunrise Bank AGM
4th December 2025, Kathmandu
Laxmi Sunrise Bank Limited is moving forward with its plans for shareholder returns.
Laxmi Sunrise Bank AGM
The bank has officially called its 25th Annual General Meeting (AGM) to approve the 10% bonus share and cash dividend proposal for its investors. This key phrase, Laxmi Sunrise Bank AGM Dividend, is central to the bank’s current financial activities and future outlook.
The meeting is a crucial event for all shareholders. It is set to finalize the distribution of profits earned during the last fiscal year (FY 2081/82). The bank’s decision reflects a commitment to rewarding its dedicated investor base.
Key Details of the Annual General Meeting (AGM)
The 25th Annual General Meeting (AGM) has been scheduled by the bank’s management. It will take place on Poush 14, which falls on a Monday.
The venue for the significant event is Agarwal Bhawan, Kamalpokhari, Kathmandu. Shareholders should plan to arrive for the meeting at 11:00 AM. This setting will host the important discussions and voting necessary to ratify the proposed dividend.
Understanding the Proposed Dividend Structure
The bank’s board of directors has proposed a substantial return for shareholders. This proposal will be a key agenda item at the AGM.
The main component is a 10 percent bonus share. This means for every 100 shares held, a shareholder will receive 10 additional shares. This action directly increases the bank’s paid-up capital.
Additionally, a small cash dividend is also on the table. The proposal includes 0.53 percent in cash dividends. This cash is specifically designated for tax purposes related to the bonus share distribution. The combination of bonus shares and cash ensures that shareholders receive a significant and tax-compliant payout.
Book Closure Date: A Crucial Deadline for Shareholders
To manage the distribution of dividends and participation in the AGM, the bank has announced a book closure date. This date is vital for investors. The bank will close its books on Poush 1. This means the records will be finalized on this date.
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Therefore, only those shareholders who are active members on the NEPSE trading platform up until Mangsir 29 will be eligible. They will have the right to attend the upcoming AGM.
Furthermore, only these investors will be entitled to receive the proposed 10% bonus share and the related cash dividend. Investors must ensure their share ownership is recorded by this deadline to secure their benefits.
Strategic Financial Implications
This move by Laxmi Sunrise Bank is highly strategic. Distributing a significant portion of profits as bonus shares is a common practice in the banking sector. It helps to strengthen the capital base. A stronger capital base allows the bank to manage risks better. It also enables the bank to expand its lending capacity.
The generous dividend proposal may also boost investor confidence. Higher investor confidence can positively impact the bank’s stock price. It signals strong financial health and prudent management of earnings. The market often reacts favorably to clear and consistent dividend policies.
The Role of Technology in Modern Banking
The bank’s success, which allows for such generous dividends, is underpinned by its technological integration. Modern banking relies heavily on robust ICT infrastructure.
Systems for secure online transactions, mobile banking, and internal operations are essential. The continuous upgrade of these systems ensures efficiency and service quality.
This technological focus is key to the bank’s sustained profitability. As a technology portal, ICTFrame notes the critical link between smart IT investment and financial performance.
A Look Ahead
Once the shareholders ratify the proposal at the AGM, the bank will proceed with the issuance of the bonus shares and the payment of the cash dividend.
Shareholders are encouraged to review the official notice and prepare to attend the meeting. The successful conclusion of the AGM will mark another positive financial milestone for Laxmi Sunrise Bank Limited, reinforcing its position in the competitive Nepali banking sector.
For more: Laxmi Sunrise Bank AGM
