Support Laghubitta (SMB) proposes a dividend of 31.5789 percent for fiscal year 2077/78.

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Support Laghubitta Bittiya Sanstha Limited (SMB) has recommended a dividend of 3.5789 percent for the fiscal year 2077/78, which begins on April 1.

A decision was reached during the 16 meeting of the board of directors, which was held on Kartik 05, to distribute a dividend of Rs. 6.60 crores on the companyR7;s paid-up capital.

The is for the issuance of 30 percent bonus shares more Rs .98 crores and a 1.5789 percent cash dividend (including tax) of more than Rs 10.42 lakhs.

The dividend will be paid only if it has been approved by the central bank and approved by the companyR7;s future annual general meeting. SMB currently has an LTP of Rs. 2,450 as at the time of writing.

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