Deprosc Laghubitta proposes 20% dividend for FY 2074/75; Paid-up capital to reach Rs 77.34 crore after 10% bonus shares

Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has proposed 20% dividend for the Fy 2074/75.

As per the notice published in NEPSE, the company has announced 10% bonus shares and 10% cash dividend worth Rs 7.03 crore each.

The decision of the microfinance company is subject to approval from the Nepal Rastra Bank and upcoming AGM of the company.

After the adjustment of the 10% bonus shares, the paid-up capital will reach Rs 77.34 crore.

In the previous FY 2073/74, the company had distributed 16% bonus shares and 15% cash dividend.