The 249th meeting of the board of directors, which took place on Kartik 25, decided to distribute 8 percent bonus shares and a 3.5 percent cash dividend on the company’s paid-up capital to shareholders. There are 8,556,551.89 bonus shares issued, and the cash dividend is worth Rs. 374,349,145. The bonus shares are worth Rs. 374,349,145 in total. In addition to the cash dividend, the tax amount for bonus shares is included.
LBL currently has an LTP of Rs 319 as of the time of writing.