In its proposed dividend for fiscal year 2077/78, Mahuli Laghubitta Bittiya Sanstha Limited (MSLB) proposes a 26 percent increase.
During the 120th meeting of the board of directors, which was conducted on Kartik 13, it was resolved to award bonus shares equal to 26 percent of the paid-up capital. Bonus shares are worth Rs. 5.82 crore since the company’s paid-up capital is Rs. 22.39 crore, and the bonus shares are worth Rs. 5.82 crore.
Please keep in mind that this dividend will only be paid out after receiving approval from Nepal Rastra Bank and consent from the company’s upcoming annual general meeting.
As of this writing, the company’s long-term capitalization rate (LTCR) is Rs. 2,047 per share.