Infinity Laghubitta Announces Dividend

Sep 17, 2019 11:02 AM Merolagani

Infinity Laghubitta (ILBS) has announced a dividend of the last FY. The 46th board of directors meeting of the company held on September 16 decided to propose 15.79 percent dividend to its shareholders.

The company will distribute 10 percent stock dividend worth Rs 20.7 million and 5 percent cash dividend worth Rs 10.3 million to the shareholders. Moreover, the company will distribute 0.79 percent cash dividend for tax purpose.

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

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