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 149th 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.