Asha Laghubitta (ALBSL) Revises Dividend for FY 2078/79

Tue, Feb 28, 2023 11:02 AM on Latest, Dividend, Bonus & Rights,

Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has revised its dividend proposal for FY 2078/79.

The company had previously proposed a 20% bonus shares and 1.0526% cash dividends on the paid-up capital of Rs. 33.39 Crores. The bonus shares were worth slightly over Rs. 6.67 crores and the cash dividend were worth a little over Rs. 35.14 lakhs.

Issuing a new notice on the stock exchange's website, the company has unveiled a different dividend proposal. Now, 14.2857% bonus shares and 0.7143% cash dividends have been proposed. The cash dividend includes the tax amount levied on the dividend.

ALBSL closed at Rs. 899 yesterday.