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Mero Microfinance Laghubitta Proposes 20% Dividend for FY 2078/79; How Much is Bonus and Cash Dividend?

2022-12-21

From the 131st meeting of the Board of Directors of Mero Microfinance Laghubitta Bittiya Sanstha Limited (MERO) on Poush 5, the company has decided to distribute a dividend of 20% for the fiscal year 2078/79.

The current paid-up capital of the company is Rs. 1.20 Arba. From the paid up capital, the company has proposed 10% bonus dividend worth Rs. 12 Crores and 10% cash dividend (including tax) worth Rs. 12 Crores for the fiscal year 2078/79.

The financial statement will be submitted to Nepal Rastra Bank for approval and the proposed dividend will be distributed after approval from Nepal Rastra Bank and the Annual General Meeting of the company.