December 22, 2022 | Investopaper
Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) has announced the dividend to the shareholders. The dividend declaration is from the fiscal year 2078/79.
The microfinance company has proposed a 23 percent bonus share. Due to merger incentive, the shareholders before the merger don’t have to pay the tax for the proposed bonus share.
As of Ashad’s end 2079 BS, Mirmire Laghubitta has a paid-up capital of Rs 53.12 crores. At this capital, the bonus share is worth Rs. 12.21 crores.
The dividend is subject to approval from Nepal Rastra bank and the upcoming AGM of the company.
From the previous fiscal year 2077/78, Mirmire Laghubitta had distributed a 20 percent bonus share to the shareholders.