Aarambha Laghubitta revises its dividend proposal after feedback from Rastra Bank; Bonus shares reduced to 7.38% from 8%

Aarambha Laghubitta Bittiya Sanstha (AMFI) had proposed 8% bonus dividend for its shareholders from the profit of FY 2075/76, but the bonus has been revised after the direction of Nepal Rastra Bank (NRB).

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.

This proposal has been revised by the 141st Board Meeting held on Kartik 08, 2076. According to the new revision, the proposal is as follows:

Current capital: Rs 6 crore
Bonus shares: 7.38% worth Rs 44.28 lakh
Cash dividend: 0.388% worth Rs 2.33 lakh
Total dividend: 7.77% worth Rs 46.61 lakh
Capital after bonus adjustment: Rs 6.44 crore

The proposal is subject to approval from Nepal Rastra Bank and the upcoming Annual General Meeting of the company.