Nirdhan Utthan Laghubitta proposes 25% bonus and 15.53% cash dividend; Capital after adjustment to stand at Rs 1.5 arba

Nirdhan Utthan Laghubitta Bittiya Sanstha (NUBL) has proposed 40.53% dividend for its shareholders from the profit of FY 2075/76.

In the 253rd Board Meeting held on Bhadra 26, 2076, the bank has decided to propose 40.53% dividend worth Rs 48.63 crore. The dividend has been broken down as follows:

Paid-up capital till Ashad end 2075/76: Rs 1.20 arba

Bonus Shares: 25% worth Rs 30 crore

Cash Dividend: 15.53% worth Rs 18 crore 63 lakh 15 thousand 789 (Including tax amount)

Total: 40.53% worth Rs 48 crore 63 lakh 15 thousand 789

The proposal is subject to approval from Nepal Rastra Bank and the upcoming Annual general meeting of the company. After the adjustment of 25% bonus shares, NUBL's capital will reach Rs 1.5 arba.