Global IME Laghubitta (GILB) Urges Shareholders to Pay Tax on Bonus Shares

Global IME Laghubitta Bittiya Sanstha Limited has urged its shareholders to pay the tax amount for 28% bonus shares.

The 9th AGM of the company held on 28th Mangsir, 2078 endorsed a 28% dividend for the fiscal year 2077/78. The meeting of the board of directors held on Ashoj 19 decided to distribute the dividend on the paid-up capital of Rs. 43,17,10,411. The entirety of the dividend was proposed in bonus shares. Thus, the bonus shares are worth a little over Rs. 12.08 crores.

The bonus shares have already been listed in NEPSE. Mangsir 14 was the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout.

After the successful merger of Sparsha Laghubitta, Global IME Laghubitta commenced the joint operation on Baisakh 08, 2078. Thus, shareholders who held the shares of the company before the joint operation date till the book closure date have received tax exemption on the dividend. Meanwhile, those who bought the shares after the companies commenced their joint operation will have to pay their tax amount.

The details of the dividend amount due to be paid can be found on the share registrar Global IME Capital's official website.

More details on the tax payment procedure