Tag: Vijaya

  • “NEPSE Lists Shares of Merged Asha, Vijaya, and Sana Kisan Bikas Laghubitta After Successful Acquisition.”

    “NEPSE Lists Shares of Merged Asha, Vijaya, and Sana Kisan Bikas Laghubitta After Successful Acquisition.”


    Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has successfully acquired Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) and listed an additional 2,600,000 shares on the Nepal Stock Exchange (NEPSE). This acquisition was based on a 1:1 swap ratio, and the companies finalized the deal with a Memorandum of Understanding (MoU) on March 29, 2079. Before the acquisition, RULB had 2,600,000 listed shares, while ALBSL had 3,816,161 shares. The combined entity now has a total of 6,416,161 shares, equivalent to Rs 64.16 Crores in paid-up capital.

     

  • “Vijaya Laghubitta Lists 20% Bonus Shares on NEPSE”

    “Vijaya Laghubitta Lists 20% Bonus Shares on NEPSE”


     

    Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) has recently listed 6,40,000 unit bonus shares on the Nepal Stock Exchange (NEPSE). During their 10th Annual General Meeting held on 28th Chaitra, the company approved a dividend of 21.0526%, totaling Rs. 6.73 Crores, for the fiscal year 2078/79. The board of directors, in a meeting on Magh 10, decided to distribute this dividend based on the paid-up capital of Rs. 32 Crores. As part of the dividend, 20% bonus shares valued at Rs. 6.40 Crores and a 1.0526% cash dividend (for tax purposes) amounting to slightly over Rs. 33.68 lakhs were proposed. These bonus shares are now available for trading on the NEPSE. Yesterday, VLBS closed at a price of Rs. 647.

     

  • Vijaya Laghubitta Calls an AGM on Chaitra 28 to Approve the 21.052% Dividend and Merger Agendas

    Vijaya Laghubitta Calls an AGM on Chaitra 28 to Approve the 21.052% Dividend and Merger Agendas


    Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) has scheduled its 10th Annual General Meeting for the 28th Chaitra, 2079. The meeting will begin at 11:30 a.m. in Bijaya Bikas Srot Kendra, Gaidakot, Nawalparasi.

    Among the other items on the agenda, the AGM will approve a 21.0526% dividend of Rs. 6.73 crores for fiscal year 2078/79. On March 10, the board of directors decided to distribute the dividend on the paid-up capital of Rs. 32 crores. The proposal is for 20% bonus shares worth Rs. 6.40 crores and 1.0526% cash dividend (for tax purposes) worth slightly more than Rs. 33.68 lakhs. The meeting will consider converting a maximum of 10% of the promoter shares to public shares so that the company’s promoter shares do not expire.

     

  • Trading of Vijaya Laghubitta (VLBS) Suspended as the Company Declares Dividend By Violating NEPSE Guidelines

    Trading of Vijaya Laghubitta (VLBS) Suspended as the Company Declares Dividend By Violating NEPSE Guidelines


    The Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) transaction has been halted, according to the official notice of the Nepal Stock Exchange (NEPSE), since the business declared dividends to be given to shareholders without first receiving authorisation from NEPSE.

    At 6:35 PM on Magh 25, after business hours, Nepal Stock Exchange received the letter from VLBS regarding the dividend declaration for the Fiscal Year 2078/79. However, on Magh 10 itself, Vijaya Laghubitta held a meeting to suggest dividends to the shareholders.