Sabaiko Laghubitta proposes 13% bonus from the profit of 2075/76; Capital to reach Rs 18.64 crore after adjustment
Mon, Sep 16, 2019 11:25 AM on Dividend, Bonus & Rights, Latest, Stock Market,
Sabaiko Laghubitta Bittiya Sanstha (SABSL) has proposed 13.68% dividend for its shareholders from the profit of FY 2075/76.
The 56th Board Meeting held on Bhadra 29, 2076 has decided to propose bonus shares of 13% worth Rs 2 crore 14 lakh 50 thousand and accompanying cash dividend worth Rs 11 lakh 28 thousand 987.37 for tax purposes.
The proposal is subject to approval from Nepal Rastra Bank and the upcoming Annual General Meeting. The paid-up capital of microfinance stands at Rs 16.50 crore, which after adjustment will reach Rs 18.64 crore.
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