Vijaya Laghubitta (VLBS) Proposes 21.0526% Dividend Worth Rs 6.73 Crores for FY 2078/79
2023-02-09
Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) has proposed a 21.0526% dividend worth Rs. 6.73 Crores for the fiscal year 2078/79.
The meeting of the board of directors held on Magh 10 decided to distribute the dividend on the paid-up capital of Rs. 32 Crores. 20% bonus shares worth Rs. 6.40 crores and 1.0526% cash dividend (for tax purposes) worth slightly over Rs. 33.68 lakhs have been proposed.
The dividend will be distributed only after approval by the central bank and endorsement by the company's upcoming AGM.
As of writing, VLBS has an LTP of Rs. 912.