Global IME Laghubitta and Salt Trading Corporation Distributed Bonus Shares to Demat Accounts of Shareholders
Fri, May 19, 2023 10:38 AM on Latest, Dividend, Bonus & Rights,

Global IME Laghubitta Bittiya Sanstha Limited (GILB) has distributed 12% bonus shares directly to the DEMAT account of its shareholders respectively and urged them to dematerialize their shares.
The board of directors meeting on Magh 04 decided to distribute the dividend on the paid-up capital of Rs. 55.25 crores. 12% bonus shares and 8% cash dividend (for tax purposes) have been proposed. Thus, the bonus shares are a little over Rs. 6.63 crores and the cash dividend is worth a little over Rs. 4.42 crores. The same bonus dividend is now deposited to Demat accounts.
Likewise, Salt Trading Corporation Limited (STC) has distributed 10% bonus shares directly to the DEMAT account of its shareholders respectively and urged them to dematerialize their shares.
The company convened its 56th AGM on 10th Chaitra and endorsed a 15% dividend from the profits of FY 78/79 for shareholders. The BOD meeting held on Poush 28, 2079 proposed a 10% bonus shares and a 5% cash dividend (including tax amount) from the profits of FY 78/79. The current paid-up capital of the company is Rs. 25.35 crore. Thus, the bonus shares were a little over Rs. 2.53 crores and the cash dividend was worth a little over Rs. 1.26 crores.