First Microfinance decides to issue 9.5% bonus shares and 4.18% cash dividend for FY 76/77; decision to be endorsed in the AGM

First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) has published a notice regarding the dividend decision of the company for the FY 2076/77.

The 168^th BOD meeting of First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) has decided that the company will be distributing 9.50% bonus shares worth Rs.7.60 Crore and 4.18% cash dividend worth Rs.3.35 Crore (including tax) out of the profits of FY 76/77 for the shareholders of the company.

The decision is yet to approved by NRB and yet to 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 87.67 crore. The LTP of the scrip in NEPSE stands Rs 572.