Gurans Laghubitta Announces 10% Dividend; 9.5% Bonus Shares on the Way

Gurans Laghubitta Financial Institution Limited (GLBSL) has announced the dividend it plans to distribute to its shareholders from the profit of the fiscal year 2082/83. A meeting of the company’s Board of Directors held on Ashoj 2, 2083 decided to distribute a 9.5% bonus share dividend and a 0.5% cash dividend for tax purposes, taking the total proposed dividend to 10% of the current paid-up capital. The proposed dividend is subject to approval from Nepal Rastra Bank (NRB) and will be distributed only after being endorsed by the company’s upcoming Annual General Meeting (AGM).