Kathmandu: Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) has announced bonus shares to be distributed to the shareholders from the profits of the last financial year.
Laghubitta has announced to distribute bonus shares worth 1 crore 44 lakh 49 thousand 500 rupees at the rate of 14.25 percent of the current paid-up capital. Likewise, Laghubitta will also distribute cash dividends at the rate of 0.75 percent for the tax purposes of the bonus shares.
The meeting of the Board of Directors of Microfinance held on 24th Bhadra has decided to distribute the dividend at that rate. The dividend will be distributed after it is approved by Nepal Rastra Bank and passed by the next Annual General Meeting.