Swarojgar Laghubitta announces 20% bonus shares; Paid-up capital to reach Rs 26.928 crore after bonus & right adjustment

Swarojgar Laghubitta Bittiya Sanstha Limited (SLBBL) has announced 20% bonus shares for its shareholders. The microfinance company would distribute the bonus shares from the net profit of the FY 2074/75.

Along with the 20% bonus shares, the company will also provide 1.0526% cash dividend for tax purpose.

The microfinance company will distribute bonus shares on its current paid-up capital of Rs 12.24 crore which will rise to Rs 26.928 crore after the adjustment of 20% bonus shares and ongoing 100% right shares.

The decision taken by the meeting of BoD is subject to approval from Nepal Rastra Bank and the upcoming AGM of the company.