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

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Written By Earnmoney.com.np

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The Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) transaction has been halted, according to the official notice of the Exchange (NEPSE), since the business declared dividends to be given to shareholders first receiving authorisation from NEPSE.

At 6:35 PM on Magh 25, after business hours, Exchange received the letter from VLBS regarding the dividend declaration for the Fiscal Year 2078/79. However, on Magh 0 itself, Vijaya Laghubitta held a meeting to suggest dividends to the shareholders.

 

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