Closure of Infinity Laghubitta (ILBS) for a 29.16 percent dividend

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On the 27th Poush, 2078, Infinity Laghubitta Bittiya Sanstha Limited (ILBS) hold its 5th Annual General Meeting. The meeting will at 10 a.m. that day at Hotel The Narayani in Nawalparasi.

The AGM approve a 29.16 percent dividend for FY 2077/78, among other items on the agenda. The company has proposed a 1.46 percent cash dividend and 27.7% bonus shares. The cash dividend is worth Rs. 47.32 lakhs, and the bonus shares are worth slightly more than Rs. 8.99 crores.

In addition, the promoters elect four board members at the AGM. A decision to increase the company’s authorized capital from Rs. 50 crores to Rs. 1 Arba is also on the agenda.

The be closed on the 15th Poush. As a result, shareholders who held shares prior to that date are entitled to the dividend payment and are welcome to the AGM.

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