Samudayik Laghubitta proposes 34.45% bonus shares and 2:1 right shares for its shareholders; Proposal subject to approval from NRB and AGM

Samudayik Laghubitta Bittiya Sanstha (SLBSL) has proposed 34.45% bonus shares and 2:1 right shares from the profit of FY 2075/76.

The 120th Board Meeting held on Bhadra 10, 2076 has proposed bonus shares of 34.45% of its current paid-up capital with 1.81% cash dividend for tax purposes from the profit of FY 2075/76. Similarly, it has also proposed 2:1 right shares.

The proposal is subject to approval from Nepal Rastra Bank (NRB) and the upcoming Annual General Meeting (AGM).

It has paid-up capital of Rs 10 crore with reserves of Rs 5.54 crore till the fourth quarter of FY 2075/76.