Mero Microfinance announces 30% bonus shares for FY 75/76; 1.58% cash dividend for tax purpose

Nepal Stock Exchange Limited (NEPSE) has published a notice regarding the dividend decision of Mero Microfinance Bittiya Sanstha Limited (MERO).

The 89^th BOD meeting of the microfinance company has decided that the company will distribute 30% bonus shares and 1.58% cash dividend (for tax purpose) for the shareholders out of the profits of FY 75/76.

This decision is subject to approval from NRB after which it will be endorsed in the upcoming AGM of the company. After the adjustment of this bonus share, the total paid up capital of MERO would be Rs 85.51 crore.