Deprosc Laghubitta Proposes 10.52632% Dividend; Bonus Shares and Cash Distribution Breakdown

Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has proposed a dividend of 10.52632% for the fiscal year 2079/80. In a meeting held on Falgun 3, the 344th board of directors decided to distribute this dividend based on the paid-up capital of Rs. 1.55 Arba. The proposal includes 10% bonus shares and 0.52632% cash dividend for tax purposes. The value of the bonus shares is estimated at Rs. 15.51 crores, and the cash dividend amounts to Rs. 81.63 lakhs. However, the dividend distribution is subject to approval by the central bank and endorsement at the company’s upcoming AGM.