Nagbeli Laghubitta proposes 26% bonus shares for its shareholders; Capital to reach Rs 21.12 crore after adjustment
Mon, Aug 19, 2019 2:34 PM on Dividend, Bonus & Rights, Latest, Stock Market,
Nagbeli Laghubitta Bittiya Sanstha has published a notice today regarding the proposal for bonus shares.
According to the notice, the company is proposing 26% bonus shares and 1.368% cash dividend for tax purposes from the profit of FY 2075/76.
The company's current paid-up capital stands at Rs 16.76 crore and is endorsing bonus shares worth Rs 4.35 crore and cash dividend worth Rs 22.94 lakh for tax purpose. The capital of Nagbeli will reach Rs 21.12 crore after the adjustment of bonus.
The distribution of proposed bonus is subject to approval from the upcoming Annual General Meeting (AGM) of the company.
The company is in merger process with Kisan Microfinance and Mirmire Laghubitta Bittiya Sanstha Limited. The transaction of this company is in halt in NEPSE.
