Kathmandu. Muktinath Bikas Bank, which is going to be upgraded to a commercial bank, has fixed the date for book closure.

The bank is closing its share for one day on October 14. The shareholders who are in power till October 15 will get the dividend as determined by the bank.

The bank has declared dividend to its shareholders from the profit of the last fiscal year. The company has proposed 13.53 percent bonus shares and 4.67 percent cash dividend including tax.

The proposal is subject to approval from Nepal Rastra Bank and endorsed by the upcoming AGM of the company.

The bank has called its 19th Annual General Meeting (AGM) on November 30. The 15 hotels will be held in Pokhara Grand Party Birauta, Pokhara and Kaski.