January 14, 2024 | Investopaper
Kalika Laghubitta Bittiya Sanstha Limited (KMCDB) has informed about the dividend to the shareholders. The dividend decision is from the fiscal year 2079/80.
The microfinance company has decided not to distribute any dividend to the shareholders and retain profits from the last fiscal year.
The company has sent the financial statements to Nepal Rastra Bank for approval after which it will convene the Annual General Meeting (AGM).
As of Ashad’s end 2080 BS, Kalika Laghubitta has a paid-up capital of Rs 37.23 crores. his capital, the bonus share amounts to Rs 5.94 crores while the cash dividend is worth Rs. 31.28 lakhs.
From the previous fiscal year 2078/79, Kalika Laghubitta had provided a 20 percent dividend, including 19 percent bonus share to the shareholders.