RSDC Laghubitta announces 13% dividends; no bonus to ongoing right shares

RSDC Laghubitta Bittiya Sanstha Limited (RSDC) has announced dividends to its shareholders. As per the notice published in NEPSE today, the microfinance company’s BOD meeting held on Ashwin 7, 2074 has declared 13% bonus along with cash dividend of 0.68% (for tax purpose) to its shareholders from the net profit of FY 2073/74. Bonus shares will not be distributed to ongoing 200% right shares. If adjusted right shares amount in current capital then bonus will be only 4.33%. Its current paid up capital stands at Rs 11.50 crore. RSDC is issuing 200% right shares of worth Rs 23.00 crore to its shareholders from Ashwin 2 to Kartik 5, 2074. After 13% bonus and 200% right share, its paid up capital will reach Rs 35.99 crore. It had earned Rs 1.96 crore in the fourth quarter of the FY 2073/74.