During the 342nd meeting of the board of directors, which was conducted on Kartik 23, it was agreed to release Rs. 14.65 Arba as a dividend on the paid-up capital. The corporation has decided to deliver the entire dividend in the form of bonus shares rather than cash. As a result, the bonus shares are worth slightly more than Rs. 1.76 Arba.
The dividend will be paid only if it has been approved by the central bank and approved by the company’s future annual general meeting.
MEGA currently has an LTP of Rs 334.10 as of the time of writing.