Vijaya Laghubitta Distributed 20% Bonus Shares Directly To Shareholders' DEMAT Account
Sun, Jun 25, 2023 10:37 AM on Latest, Dividend, Bonus & Rights,
Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) has distributed 20% bonus shares directly to the DEMAT accounts of its shareholders. The company has urged its shareholders to dematerialize its shares.
The company convened its 10th AGM on 28th Chaitra and endorsed a 21.0526% dividend worth Rs. 6.73 Crores for the fiscal year 2078/79. The meeting of the board of directors held on Magh 10 decided to distribute the dividend on the paid-up capital of Rs. 32 Crores. 20% bonus shares worth Rs. 6.40 crores and 1.0526% cash dividend (for tax purposes) worth slightly over Rs. 33.68 lakhs were proposed.
Note that the bonus shares are already listed in NEPSE. As of writing, VLBS has an LTP of Rs. 640.
