Mithila Laghubitta proposes to distribute 12 percent bonus shares

Kathmandu, March 9

Mithila Laghubitta Bittya Sanstha Limited has proposed dividend for the last fiscal year.A meeting of the board of directors held on Sunday afternoon has proposed a dividend of 12.631579 percent of the fiscal year 2076/77 profit.

The proposed dividend includes a bonus share of Rs 1,46,8,901, which will be 12 percent, and cash (including dividend tax), which will be 0.63,1579 percent. the paid-up capital of the company is Rs. 12,17,40,842. The bonus shares are worth Rs. 1,46,08,901 and the cash dividend is worth Rs. 7,68,889.53.

 The proposed dividend will be implemented after the approval of Nepal Rastra Bank and approval from the next annual general meeting