Asha Laghubitta declares 15% bonus shares for FY 2076/77

Thu, Sep 17, 2020 11:02 AM on Latest, Dividend, Bonus & Rights,

Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has declared the dividend for the fiscal year 2076/77.

From the distributable profit, the microfinance company is distributing Rs. 3,48,43,200 worth of bonus shares. This is 15% of the paid-up capital of Rs. 23,22,88,000.

Furthermore, a 0.7894737% cash dividend is also declared for tax purposes during bonus shares distribution. This amounts to a little over Rs. 3.66 lakhs.