Mirmire Laghubitta Cancels Proposed Dividend from FY 2079/80
January 25, 2024 | Investopaper
Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) has cancelled the dividend to the shareholders the fiscal year 2079/80. The board meeting of the company held on Magh 10, 2080 BS made the decision about the dividend.
Earlier, the microfinance company has proposed a 6.32 percent dividend to the shareholders. However, as per the direction of Nepal Rastra Bank, the company has decided not to distribute any dividend to the shareholders.
As of Ashad’s end 2080 BS, Mirmire Laghubitta has a paid-up capital of Rs 66.57 crores.
From the previous fiscal year 2078/79, Mirmire Laghubitta had distributed a 23 percent bonus share to the shareholders.
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