Manakamana Smart Laghubitta Proposes 5% Dividend Worth Rs 70.87 Lakhs for FY 2078/79

For the fiscal year 2078/79, Manakamana Smart Laghubitta Bittiya Sanstha Limited (MKLB) has proposed a 5% dividend worth Rs. 70.87 lakhs.

The board of directors decided to distribute a 5% dividend on the paid-up capital of Rs. 14.17 crores at its 79th meeting on March 16. A cash dividend of 0.25% and 4.75% bonus shares (for tax purposes) have been proposed. Thus, the bonus shares are worth slightly more than Rs. 67.32 lakhs, and the cash dividend is worth slightly more than Rs. 3.54 lakhs.