Nepal Rastra Bank has approved the dividend of Chhimek Laghubitta Bittiya Sanstha Limited on Mangsir 3, 2076.
Chhimek Laghubitta has announced a 44.3354 percent dividend to the shareholders from the profit of the fiscal year 2075/76. The board meeting held on Bhadra 24, 2076 made the decision about the dividend.
The total includes a 27.1186 percent bonus share and 17.2168 percent cash dividend. The company will distribute the bonus share worth Rs. 32 crores. Likewise, the cash dividend is worth Rs. 20.32 crores.
The microfinance has a current paid-up capital of Rs. 118 crores. After the inclusion of the bonus share, the capital will increase to Rs. 150 crores.
Now, Chhimek Laghubitta needs approval from its upcoming AGM in order to distribute the dividend.