Gurans Laghubitta Announces Dividend: How Much in Bonus and Cash?
Kathmandu. Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) has announced a 15 percent dividend distribution to shareholders from its profits for the fiscal year 2080/81. The board of directors, in a meeting held on Bhadra 24, has decided to provide 14.25 percent bonus shares and 0.75 percent cash dividend. The cash dividend has been allocated for paying taxes on the bonus shares.
The total value of the bonus shares will be 1 crore 44 lakh 49 thousand 500 rupees. This proposal will be distributed to shareholders only after being approved by the Nepal Rastra Bank and the company's upcoming annual general meeting.