Aarambha Laghubitta has revised announced Dividend

0
438
Aarambh Microfinance Bittiya Sanstha

Aarambha Laghubitta Bittiya Sanstha has revised announced dividend for shareholders from the income of FY 2075/6.

The board meeting of company held on 08 Kartik 2076 has revised dividend to 7.38% bonus shares and 0.388422% cash dividend for tax purpose following instruction of Nepal Rastra Bank.

The board meeting of the bank held on 05 Aswin 2076 had proposed 8% or Rs.48.00 lakh bonus shares and 0.421053333% or Rs.2.52 lakh cash dividend including dividend tax.

The decision should be approved by Nepal Rastra Bank (NRB) and upcoming Annual general meeting (AGM).

Currently, its paid up capital stand at Rs.6 crore.