The company has suggested a 19 percent bonus share and a 1 percent cash dividend in addition to the regular dividend. Rs. 24,21,21,379.50 will be distributed as dividend from the company’s paid-up capital of Rs. 24,21,21,379.50. As a result, the bonus shares are worth slightly more than Rs. 4.6 crores, and the cash dividend is worth slightly more than Rs. 24.21 lakhs, for a total value of Rs. 4.6 crores.
Following approval from the central bank and support by the microfinance company’s future auction, only then will the dividend be paid out to shareholders. CLBSL has an LTP of Rs. 1,229 as of the time of writing.