Nirdhan Utthan Laghubitta Announces Dividend

Sep 15, 2019 10:37 AM Merolagani

Nirdhan Utthan Laghubitta (NUBL) has announced dividend of the last FY. The 253rd board of directors meeting of the company held on September 12 decided to propose 40.53 percent dividend to its shareholders.

The company will distribute 25 percent bonus share worth Rs 300 million and 15.523 percent cash dividend worth Rs 186.3 million to the shareholders.

The proposed dividend is subjected to approval from NRB and its upcoming AGM.

The current paid-up capital will total Rs 1.50 billion after the bonus share distribution.

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