RMDC Laghubitta (RMDC) Declares 27.3684% Dividend for FY 2078/79, How Much in Bonus Shares and Cash?

RMDC Laghubitta Bittiya Sanstha Limited (RMDC) has proposed a 27.3684% dividend for the fiscal year 2078/79.

The 386th meeting of the board of directors held on Mangsir 19 decided to distribute the dividend on the paid-up capital of Rs. 1.24 Arba. 26% bonus shares worth Rs 32.26 crores and 1.3684% cash dividend (including tax) worth Rs 1.69 crore have been proposed.

The dividend will be distributed only after approval by the central bank and endorsement by the company's upcoming AGM.

The company is in the merger process with Sana Kisan Bikas Laghubitta to form a joint entity Sana Kisan RMDC Laghubitta. The share swap ratio is fixed at 100:87 between Sana Kisan and RMDC. Post-merger, the microfinance will have a capital base of Rs 7 Arba, and a total investment portfolio of Rs 43 Arba.

Dividend History: