Laxmi Capital has announced the book closure date for the dividend of Laxmi Unnati Kosh (LUK). Investors maintained before Shrawan 13 are entitled to the dividend payout. Books will be closed on Shrawan 13 for the same purpose.
LUK has proposed a 25% cash dividend for the fiscal year 2077/78.
Laxmi Unnati Kosh is a closed-end mutual fund managed by Laxmi Capital and promoted by Laxmi Bank. This is the mutual fund's first dividend. The 67th meeting of the board held on Shrawan 05 decided to distribute the dividend. The NAV for the month of Jestha stands at Rs. 15.25. Laxmi Unnati Kosh reported a net profit of Rs. 34.25 crores the month of Jestha. In the previous month, the net profit was Rs. 26.25 crores.
As of writing, the LTP of the units of the mutual fund stands at Rs. 14.25 per unit.