42,58,800 Bonus Shares of Jeevan Bikas Laghubitta Listed in NEPSE

42,58,800 units bonus shares of Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) have been listed in NEPSE.

The 3rd AGM of the company held on 25th Chaitra, 2078 endorsed a 73.68% dividend for the fiscal year 2077/78. The 56th meeting of the board of directors held on Falgun 07 decided to distribute the dividend on the paid-up capital of Rs. 60.84 crores. 70% bonus shares and 3.68% cash dividend were proposed. Thus, the bonus shares are worth Rs. 42.58 crores and the cash dividend is worth Rs. 2.24 crores. The cash dividend were proposed for the tax amount on bonus shares. The same bonus shares are now listed in NEPSE.

Chaitra 12 was the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout.