Naya Nepal Laghubitta proposes 20% bonus with Book Closure on Poush 03; Adds 100% rights on capital after M&A

Naya Nepal Laghubitta Bittiya Sanstha (NNLB) has proposed 21.05% dividend for its shareholders from the profit of FY 2075/76.

The company has proposed the following dividend:

Current paid-up capital: Rs 8.40 crore
Bonus shares: 20% worth Rs 1.68 crore
Cash dividend: 1.0526% worth Rs 8.84 lakh for tax purpose
Total dividend: 21.0526% worth Rs 1.76 crore
Right shares: 100% of adjusted paid-up capital after merger and acquisition

The microfinance will be convening its Anual General Meeting (AGM) on Poush 19, 2076. Likewise, the book closure date is on Poush 03, 2076.