Kathmandu, Mangsir 27. Today is the final day for shareholders to be eligible for the dividend declared by Asha Laghubitta Bittiya Sanstha Limited (ALBSL). The microfinance institution has also announced its 9th Annual General Meeting (AGM) for 4th Poush, 2082.

The AGM will be held at Hotel Araniko in Dhulikhel, Kavrepalanchowk, starting at 2:00 PM. A primary agenda is to seek shareholder approval for the proposed dividend.

Dividend Details:
The 178th board meeting, held on Kartik 28, proposed a total dividend of 10% for FY 2081/82. Based on the paid-up capital of Rs. 73.30 crores, the payout consists of:

• A 9.5% bonus share (worth Rs. 6.96 Crores)
• A 0.5% cash dividend including tax (worth Rs. 36.65 lakhs)

Eligibility and Book Closure:
The book closure date began on Mangsir 22. Therefore, shareholders registered in the company's records before this date are entitled to receive the proposed dividend and are eligible to attend and vote at the upcoming AGM.

The dividend distribution is contingent upon endorsement by the shareholders at the AGM. This proposed payout highlights the company's performance and its approach to rewarding shareholders through both capital appreciation and a cash return.