Swabalamban Laghubitta reaffirms its commitment to issue 26% bonus shares to its shareholders; claims that the company’s financial health is sound enough to disburse already endorsed dividend

Tue, Mar 10, 2020 9:30 AM on Corporate, Dividend, Bonus & Rights, Latest,

Swabalamban Laghubitta has released a media statement stating that it is committed to providing 26% bonus shares to its shareholders as endorsed by its recently concluded AGM.

The microfinance has stated that the office of Company Registrar had asked the SEBON not to implement the newly updated Letter of Memorandum on Falgun 13, 2076.

The microfinance has stated in its media statement that it has already disbursed 14% cash dividend to the shareholders after receiving an approval from the Nepal Rastra bank and will do the same with the remaining 26% bonus shares since the company is in sound financial position.

Trading in securities of Swabalamban Laghubitta halted until further notice; NEPSE publishes a notice