Unnati Sahakarya Laghubitta (USLB) proposes a bonus share of 32 percent for the fiscal year 2077/78.

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Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (USLB) has proposed a of 3 percent for the fiscal year 2077/78, according to the company.

According to a notice published in the NEPSE, the microfinance company has proposed that the entire be paid out in bonus shares rather than cash. Because the dividend is distributed on the paid-up capital of Rs. 17,61,69,706.38, the bonus shares are worth a little more than Rs. 5.63 crores as a result of the distribution of the dividend.

However, approval from Nepal Rastra Bank as well as the company’s upcoming Annual General Meeting are required before the decision of the 173rd Board of can be implemented.

As of this writing, USLB has an LTP of Rs. ,299, which is a small amount. In fiscal year 2076/77, the company distributed bonus shares worth 17.8103 percent of the company’s stock.

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