Diprosc Laghubitta discloses 50% stock dividend; paid up capital will reach Rs 25.78 crore

Diprosc Laghubitta Bikas Bank Lmited (DDBL) has decided to distribute 50 percent bonus share and 2.63 percent cash dividend for tax purpose to its shareholders. The 170^th BOD meeting held on today (Ashwin 21, 2072) has proposed 50 percent bonus share and 2.63 percent cash dividend for tax purpose to its shareholders from the net profit it earned in the last fiscal year 2071/72. The decision is subjected to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting (AGM). Earlier in the fiscal year 2070/71, Deprosc Laghubitta had distributed 35 percent bonus share and 15 cash dividend to their shareholders DDBL had earned net profit of Rs 13.43 crore in the fourth quarter of last fiscal year 2071/72 unaudited report. It’s paid up capital remains at Rs 17.19 crore. After distributing 50 percent bonus share it’s paid up capital will rise to Rs 25.78 crore.