NADEP Laghubitta (NADEP) Proposes 21.053% Dividend for FY 2077/78

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NADEP Laghubitta Bittiya Sanstha Limited (NADEP) has proposed a 21.053% dividend for the FY 2077/78.

As per the notice published in NEPSE, the microfinance company has proposed 20% bonus shares worth Rs 8.09 crore and 1.053% cash dividend worth Rs 42.61 lakh (cash for tax purposes).

The decision taken by the 149^th BOD meeting of the microfinance company and dividend is subject to approval from Nepal Rastra Bank and the upcoming AGM of the company.

The existing paid-up capital of the company is Rs 40.48 crore. After the adjustment of 20% bonus shares, the paid-up capital of the company will reach Rs 48.57 crore.