Laxmi Sunrise Bank Concludes 25th AGM, Approves 10 Percent Bonus Share Distribution

30th December 2025, Kathmandu

Laxmi Sunrise Bank Limited has successfully conducted its 25th Annual General Meeting in Kathmandu, marking a significant milestone in its corporate history. During the meeting, the bank received a formal mandate from its shareholders to distribute a 10 percent bonus share based on its existing paid up capital.

Laxmi Sunrise 25th AGM

This decision is a clear reflection of the bank financial health and its ongoing commitment to enhancing shareholder value. By converting a portion of its profits into bonus shares, the bank is not only rewarding its investors but also strengthening its capital base to support future expansion and ensure compliance with the capital adequacy norms of Nepal Rastra Bank.

ENHANCEMENT OF PAID UP CAPITAL AND CAPITAL STRUCTURE

The approval of the 10 percent bonus share distribution has led to a significant increase in the institutional strength of Laxmi Sunrise Bank. Following this decision, the bank’s paid up capital has surged to 26.78 billion rupees. This massive capital base provides the bank with the necessary leverage to undertake larger project financing, expand its lending portfolio, and invest in cutting edge digital banking infrastructure. For the shareholders, these bonus shares represent an increase in their total holdings without requiring any additional investment, effectively allowing them to benefit from the bank growth and long term profitability.

APPROVAL OF FINANCIAL STATEMENTS AND GOVERNANCE REPORTS

A primary agenda of the 25th Annual General Meeting was the review and approval of the Board of Directors report and the audited financial statements for the fiscal year 2081/82. The shareholders thoroughly discussed the bank’s performance and provided their endorsement, signaling strong confidence in the current leadership and governance practices. The meeting also addressed future compliance by appointing an external auditor for the fiscal year 2082/83. This process ensures that the bank remains transparent and accountable to its stakeholders, adhering to the highest standards of financial auditing and regulatory reporting required in the commercial banking sector.

ROBUST OPERATIONAL GROWTH IN DEPOSITS AND LOANS

Laxmi Sunrise Bank demonstrated impressive operational growth throughout the fiscal year 2081/82. The bank total deposits reached a staggering 371 billion rupees, a figure that underscores the deep trust and loyalty of its diverse customer base. On the asset side, the bank successfully expanded its loan portfolio to 287 billion rupees, providing essential credit to various sectors of the economy including hydropower, tourism, and small to medium enterprises. These growth figures have pushed the total balance sheet size of the bank to 443 billion rupees, further solidifying its position as one of the dominant financial institutions in Nepal.

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PROFITABILITY AND ASSET QUALITY MANAGEMENT

Despite the challenges of a tightening liquidity environment and evolving regulatory standards, Laxmi Sunrise Bank achieved a net profit of 4.06 billion rupees during the fiscal year 2081/82. This achievement highlights the bank efficiency in managing operational costs and its ability to maintain high asset quality while generating stable earnings. The consistent profitability is the primary driver behind the bank ability to propose shareholder friendly returns like the 10 percent bonus shares. By maintaining a disciplined approach to lending and risk management, the bank has ensured that its growth is both sustainable and beneficial for its long term investors.

STRATEGIC SIGNIFICANCE OF THE 25TH AGM

The successful completion of the 25th Annual General Meeting represents a coming of age for Laxmi Sunrise Bank. It marks 25 years of institutional development, during which the bank has evolved through organic growth and strategic mergers. The resolutions passed at the meeting provide a clear roadmap for the bank future governance and financial strategies. With a strengthened capital base and a clear focus on digital modernization, the bank is well positioned to navigate the competitive landscape of the Nepalese banking industry. This meeting reinforces the institution resilience and its status as a reliable partner for the national economy.

OUTLOOK AND FUTURE COMMITMENTS

Looking ahead, Laxmi Sunrise Bank is focused on leveraging its robust capital position of 26.78 billion rupees to drive innovation in the banking sector. The bank plans to further expand its digital footprint, offering more convenient and secure services to its customers across the country. Additionally, its increased capital adequacy will allow it to support national level infrastructure projects, contributing to the broader economic development of Nepal. The bank remains committed to maintaining a balanced approach between aggressive growth and prudent risk management, ensuring that it continues to create value for its shareholders while providing top tier services to its depositors.

CONCLUSION AND FINAL WORDS TO SHAREHOLDERS

In conclusion, the 25th Annual General Meeting of Laxmi Sunrise Bank Limited was a resounding success, culminating in the approval of a 10 percent bonus share distribution. With a net profit of 4.06 billion rupees and a total balance sheet of 443 billion rupees, the bank has proven its financial stability and operational excellence. The increased paid up capital to 26.78 billion rupees sets a solid foundation for the bank future endeavors. Shareholders and stakeholders can look forward to a period of continued growth and innovation as the bank pursues its vision of being the leading customer centric bank in Nepal.

For More: Laxmi Sunrise 25th AGM