Laxmi Bank Ltd (LBL) ended its 8th annual general meeting (AGM) at Birgunj on Wednesday. According to a press statement, the bank's operating profit increased by more than 80 per cent as compared to the previous year. The AGM approved bonus shares issue of 20 per cent and rights share issue of 40 per cent after the bonus shares which will increase the paid up capital of the bank to around Rs 1.53 billion.
Source: THT
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