Deprosc Laghubitta Distributed 11.0526% Cash Dividend Directly to Shareholders' Bank Accounts

Wed, Mar 22, 2023 10:45 AM on Latest, Dividend, Bonus & Rights,

Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has distributed an 11.052632% cash dividend directly to bank accounts and urged its shareholders to dematerialize their shares.

The company convened its 21st AGM for the FY 2078/79 on Falgun 30, 2079. The company endorsed a 21.052632% dividend worth Rs. 29.21 crores for the fiscal year 2078/79. The 325th meeting of the board of directors held on Poush 25 decided to distribute the dividend on the paid-up capital of Rs. 1.38 Arba. 10% bonus shares worth Rs. 13.87 crores and 11.052632% cash dividend worth Rs. 15.33 crores were proposed. The same cash dividend has now been distributed.

Also, the company has urged the shareholders to dematerialize their shares if they haven't updated their bank information in the Demat account are requested to do so in order to receive the dividend.

Additionally, if eligible investors had taken a loan against the shares of the company before the book closure date should present a No Objection Letter from their lending institution to receive the dividend.

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