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Monday, November 29, 2021
    Nepal Stock ExchangeRight | Bonus | DividendSabaiko Laghubitta (SABSL) holds its annual general meeting

    Sabaiko Laghubitta (SABSL) holds its annual general meeting

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    Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) has scheduled its 5th General Meeting (AGM) on the 3rd Poush of the year 2078. The meeting will take place in Tanahun, at the Bandipur Mountain Resort, and will begin at 11 a.m. on that day.

    The AGM will approve a 32.68 percent dividend for the fiscal year 2077/78, among other items on the agenda. It was by the board of directors at their meeting on Ashoj 19 to distribute a dividend of Rs. 20,60,27,250 on the paid-up capital of the company. It has been proposed to issue 31.05 percent bonus shares and a 1.63 percent cash dividend (for tax reasons). As a result, the bonus shares are worth more than Rs. 6.39 crores, while the cash dividend is worth slightly more than Rs. 33.66 lakhs.

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    Furthermore, four board members will be elected from among the promoters at the AGM.

    The will be closed on Mangsir 17, according to the calendar. As a result, shareholders who had their accounts in good standing before that date are eligible for the dividend payout and are welcome to attend the AGM.

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    As of writing, SABSL’s LTP is at Rs. 2,020.

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