Kathmandu. Laxmi Sunrise Bank Limited has concluded its Twenty-fifth Annual General Meeting. The AGM has endorsed a proposal of distributing 10 percent bonus shares on the bank’s paid-up capital. With the issuance of bonus shares, the bank’s paid up capital has reached Rs 26.78 billion.

The AGM approved the Directors Report for the fiscal year 2081÷82 and the financial statements of the bank. It has also appointed an auditor for the fiscal year 2082÷83.

In the fiscal year 2081÷82, the bank had deposited Rs 371 billion and loans of Rs 287 billion.