Aarambha Laghubitta proposes 8% bonus from the profit of FY 2075/76; Capital post adjustment to reach Rs 6.48 crore

Sun, Sep 22, 2019 11:25 AM on Dividend, Bonus & Rights, Latest, Stock Market,
Aarambha L...

Aarambha Laghubitta Bittiya Sanstha (AMFI) has proposed 8% bonus dividend for its shareholders from the profit of FY 2075/76.

The 140th Board meeting of the company held on Ashwin 05, 2076 has decided to propose bonus shares worth Rs 48 lakh (8%) and cash dividend of Rs 2 lakh 52 thousand 632 (0.421053333%) for tax purposes.

The proposal is subject to approval from Nepal Rastra Bank and the upcoming Annual General Meeting of the company. The current paid-up capital of the AMFI stands at Rs 6 crore, which post adjustment will each Rs 6.48 crore.