Swabhimaan Laghubitta to Skip Dividend from FY 2079/80
January 24, 2024 | Investopaper
Swabhimaan Laghubitta Bittiya Sanstha Limited (SMFBS) 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, Swabhimaan Laghubitta has a paid-up capital of Rs. 14.60 crores.
From the previous fiscal year 2078/79, Swabhimaan Laghubitta had distributed a 21.0526 percent dividend, including a 20 percent bonus share and 1.0526 percent cash dividend.
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