Infinity Laghubitta Bittiya Sanstha Limited (ILBS) has proposed a 29.16% dividend for FY 2077/78.
As per the notice published in NEPSE, the company has proposed 27.7% bonus shares and a 1.46% cash dividend. The bonus shares are worth slightly over Rs. 8.99 crores and the cash dividend is worth Rs. 47.32 lakhs.
The decision taken by the 73rd BOD meeting of the company is subject to approval from Nepal Rastra Bank and the upcoming AGM of the company. ILBS closed at Rs. 1,804 on the last trading day last week.