Friday, November 19, 2021
    Nepal Stock ExchangeRight | Bonus | DividendAsha Laghubitta (ALBSL) calls for a general meeting and proposes a dividend...

    Asha Laghubitta (ALBSL) calls for a general meeting and proposes a dividend of 26.3157894 percent.

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    The Asha Bittiya Limited (ALBSL) has scheduled its 5th Annual General Meeting (AGM) for the 27th of Kartik, 2078. The conference will take place at the Fall & Trout Village Hotel & Restaurant in Kakani, Kathmandu, and will begin at 10 a.m. on the scheduled day.

    The AGM will also approve a 26.3157894 per cent dividend for the fiscal year 2077/78, among other items on the agenda. The board of directors, at its meeting on 17, voted to distribute the dividend from the paid-up capital of Rs. 26,71,31,200. 25 per cent bonus shares and 1.3157894 per cent cash dividend (for tax purposes) were suggested as part of the dividend distribution plan. As a result, the bonus shares are worth slightly more than Rs. 6.67 crores, while the cash dividend is worth slightly more than Rs. 35.14 lakhs.

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    In addition, four board members will be elected by the promoters at the AGM.

    The book will be closed on Kartik 12, according to the Hindu calendar. As a result, shareholders who had their accounts in standing before that date are eligible for the dividend payout and are welcome to attend the AGM.

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