Swadeshi Laghubitta cancels its proposed 10% cash dividend; Shareholders to be empty-handed

Swadeshi Laghubitta Bittiya Sanstha Limited (SDESI) has cancelled its proposed 10% cash dividend to be distributed to its shareholders.

As per the notice published in NEPSE, the company has cancelled the decision to provide cash dividend worth Rs 2.30 crore due to some technical problems.

The company will adjust the earlier proposed cash dividend in its reserve.