Global IME Laghubitta Bittiya Sanstha (GILB) Announces 20% Dividend Worth Rs. 11.05 Crores for FY 2078/79

Thu, Jan 19, 2023 10:25 AM on Dividend, Bonus & Rights, Latest,

Global IME Laghubitta Bittiya Sanstha Limited (GILB) has proposed a 20% dividend worth Rs. 11.05 crores for the fiscal year 2078/79.

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 dividend will be distributed only after approval by the central bank and endorsement by the company's upcoming AGM. As of writing, GILB has an LTP of Rs. 1,247.

Dividend History: