Laxmi Bank held its 19th Annual General Meeting

Laxmi Bank’s 19th Annual General Meeting (AGM) was held on December 22 in
Kathmandu. The AGM approved the proposal of distribution of 10% Bonus Shares and 5% Cash Dividend on the current paid up capital of the bank. With this, the paid up capital of the bank shall grow up to NPR 9.81 Billion after distribution of the bonus shares approved by the AGM. The AGM discussed and approved the Directors’ Report and the Financial Statements for the financial year 2018/019 (2075/76). The AGM also ratified the appointment of directors representing Promoter shareholders in the Board of Directors of the bank.


Sake Varieties Fiesta concluded at Sapporo Japanese Restaurant
Sapporo Japanese Restaurant, in collaboration with Maharjan International Pvt. Ltd., hosted a gathering on December 16 focused on teaching participants more about Japanese sake under the expert guidance brought by the sake importer in Nepal, Maharjan International Pvt. Ltd. Some of the varieties of sake presented in the event were Karatamba, Sawa no Tsuru, Okuno Matsu and Sayu