Global IME Laghubitta declares 15% bonus shares; Paid-up capital to reach Rs 11.04 crore

Thu, Aug 16, 2018 11:19 AM on Dividend, Bonus & Rights, Latest, Stock Market,

Global IME Laghubitta Bittiya Sanstha Limited (GILB) has announced 15% bonus shares for its shareholders from the profit of FY 2074/75.

As per the notice published in NEPSE, the microfinance company will be distributing Rs 1,44,07,500 worth of bonus shares and Rs 7,58,288 cash for tax purpose.

After the distribution of bonus shares, the paid-up capital of the company will reach Rs 11,04,57,500.

The decision is subject to approval from Nepal Rastra bank and upcoming AGM of the company.