Global IME Laghubitta Bittiya Sanstha Proposes 9.5% Dividend; How Much in Bonus Shares and Cash?

Summary

Global IME Laghubitta Bittiya Sanstha Limited has proposed a 9.5% dividend for fiscal year 2082/83, including 6% bonus shares and 3.5% cash dividend. The payout will be completed after approval from Nepal Rastra Bank and endorsement by the company’s upcoming AGM.

Key Points
  • Global IME Laghubitta Bittiya Sanstha Limited has proposed a 9.5% dividend for fiscal year 2082/83.
  • The package includes 6% bonus shares worth Rs. 3.88 crore and a 3.50% cash dividend worth Rs. 2.26 crore.
  • The proposal was decided in the company’s 230th board meeting held on Ashwin 12.
  • The dividend needs approval from Nepal Rastra Bank and endorsement at the upcoming AGM.
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