NRB approves Swabalamban Laghubitta dividend

Nepal Rastra Bank (NRB) has approved the dividend proposed by Swabalamban Laghubitta. The central bank provided the approval on Mangsir 10, 2076.

Swabalamban Laghubitta has announced dividend to the shareholders from the profit of the fiscal year 2075/76. The board meeting held on Ashwin 15, 2076 made the decision about the dividend.

The microfinance has proposed a 40 percent dividend. This includes a 26 percent bonus share and a 14 percent cash dividend. The company will distribute the bonus share worth Rs. 16.35 crores. Likewise, the cash dividend is worth Rs. 8.80 crores.

The microfinance company has a current paid-up capital of Rs. 62.89 crores. After the inclusion of the bonus share, the capital will increase to Rs. 79.24 crores.

Now, Swabalamban Laghubitta will distribute the dividend after the approval from its upcoming AGM.

 

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