First Microfinance decides to issue 17% bonus shares for FY 75/76; decision to be endorsed in the AGM

Tue, Aug 13, 2019 1:57 PM on Dividend, Bonus & Rights, Latest, NEPSE News,
First Micr...

First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) has published a notice regarding the dividend decision of the company.

The 154th BOD meeting of First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) has decided that the company will be distributing 17% bonus shares worth Rs.11.63 Crore and 0.8947% cash dividend worth Rs.61.23 Lakhs (for tax purpose) out of the profits of FY 75/76 for the shareholders of the company.

The decision has been approved by NRB and will be endorsed in the AGM of the company.

After the adjustment of the bonus share, the total paid up capital of the company will increase to Rs 80 crore. The LTP of the scrip in NEPSE stands Rs 387.