Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) has called its 5th AGM on 3rd Poush, 2078. The meeting will be held in Bandipur Mountain Resort, Tanahun, starting at 11 am that day.
Among other agendas, the AGM will endorse a 32.68% dividend for the fiscal year 2077/78. The meeting of the board of directors held on Ashoj 19 decided to distribute the dividend on the paid-up capital of Rs. 20,60,27,250. 31.05% bonus shares and 1.63% cash dividend (tax purposes) have been proposed. Thus, the bonus shares are a little over Rs. 6.39 crores and the cash dividend is worth a little over Rs. 33.66 lakhs.
Furthermore, the AGM will also elect 4 board members from the promoters.
Mangsir 17 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM.
As of writing, SABSL has an LTP of Rs. 2,020.