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.