Mithila Laghubitta Proposes 15% Dividend for FY 2081/82

Mithila Laghubitta Bittiya Sanstha Limited (MLBBL) has proposed a 15% dividend worth Rs. 3.35 crores for the fiscal year 2081/82.

The 280th meeting of the board of directors held on Poush 04 decided to distribute the dividend on the paid-up capital of Rs. 22.39 crores. 14.25% bonus shares worth Rs 3.19 crores and a 0.75% cash dividend (for tax purposes only) worth Rs 16.79 lakhs have been proposed.

The dividend will be distributed only after approval by the central bank and endorsement by the company's upcoming AGM.

As of writing, MLBBL has an LTP of Rs. 1,487.00.