NADEP Laghubitta to Skip Dividend from FY 2079/80

December 17, 2023 | Investopaper

Nadep Laghubitta Bittiya Sanstha Limited 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 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, Nadep Laghubitta has a paid-up capital of Rs. 48.57 crores.

From the previous fiscal year 2079/79, NADEP didn’t provide any dividend to the shareholders. Likewise, from the FY 2077/78, the company had distributed a 21.053 percent dividend, including a 20 percent bonus share and a 1.053 percent cash dividend.

As of Poush’s end 2079 BS, NADEP Laghubitta has a paid-up capital of Rs. 48.57 crores.


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