RSDC Laghubitta Revises Proposed Dividend

Oct 14, 2018 Merolagani

RSDC Laghubitta (RSDC) has revised its previous announced dividend. The company that had announced of distributing 10 percent dividend including 5 percent stock and 5 percent cash dividend has revised the dividend as 10 percent stock and 0.53 percent cash dividend for tax purpose.

The company will distribute Rs 57.5 million as stock dividend and Rs 3.03 million in cash dividend for tax purpose.

In the previous FY, it distributed 13 percent stock dividend. The proposed dividend is subjected to approval from NRB and the upcoming AGM of the company.

Presently, the company has a paid-up capital of Rs 575.9 million that will reach Rs 633.51 million after the bonus share distribution.

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