Mero Microfinance Laghubitta Distributing Cash Dividend Directly to Shareholders Bank Account

Mero Microfinance Laghubitta Bittiya Sanstha Limited (MERO) has distributed a 10% cash dividend directly to the bank accounts of its shareholders.

From the 131st meeting of the Board of Directors of Mero Microfinance Laghubitta on Poush 5, the company has decided to distribute a dividend of 20% for the fiscal year 2078/79. From the paid-up capital, the company proposed a 10% bonus dividend worth Rs. 12 Crores and a 10% cash dividend (including tax) worth Rs. 12 Crores for the fiscal year 2078/79.

Also, the company has urged their shareholders to dematerialize their shares if they haven't or are yet to update their bank information in the Demat account and are requested to do so in order to receive the dividend.

Additionally, if eligible investors had taken a loan against the shares of the company before the book closure date, they should present a No Objection Letter from their lending institution to receive the dividend.