Dividend Declaration
Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has proposed a 10% dividend for the fiscal year 2081/82. The decision was made during the 178th meeting of the board of directors held on Kartik 28.
Breakdown of the Dividend
The dividend will be distributed from the company’s paid-up capital of Rs. 73.30 crores and includes:
- 9.5% bonus shares, amounting to Rs. 6.96 crores
- 0.5% cash dividend, including tax, amounting to Rs. 36.65 lakhs
Approval and Distribution
The proposed dividend will be distributed only after receiving approval from the Nepal Rastra Bank (NRB) and final endorsement from the company’s upcoming Annual General Meeting (AGM).
This proposal reflects the company's continued effort to provide steady returns to its shareholders.