WNLB, as per the decision made during its recent Board Meeting on Magh 10, 2080, has opted not to distribute any dividends for the fiscal year 2079/80. This resolution is subject to the approval of the financial statements by the regulatory authority, Nepal Rastra Bank, and the forthcoming Annual General Meeting of the company. It’s noteworthy that WNLB’s stance on dividends reflects a strategic approach, considering various factors that impact financial decisions. As of the latest update, the company’s stock, denoted by WNLB, closed at Rs. 859.00. This decision underscores the company’s commitment to prudent financial management and aligning shareholder expectations with the current business landscape. Investors and stakeholders will be keenly awaiting the regulatory approval and the insights provided during the upcoming Annual General Meeting for a comprehensive understanding of WNLB’s financial position and future prospects.
