Laxmi Sunrise Capital Declares 15.79% Cash Dividend, Reports Strong Annual Performance

Laxmi Sunrise Capital Limited successfully held its 15th AGM on November 6 at Kathmandu, approving a cash dividend of 15.79% (Rs. 7.72 crore) for shareholders. The company reported robust financial performance for FY 2081/82, including an EPS of Rs. 18.20 and distributable income of 17.83%, reflecting strong profitability and investor confidence.

A pioneer in Nepal’s capital market, Laxmi Sunrise continues to lead in mutual fund management, overseeing six funds with total assets of around Rs. 6 billion, all yielding double-digit returns. The AGM also confirmed the reappointment of auditors N.B.S.M & Associates for FY 2082/83.