Gurans Laghubitta Revises Dividend

Sep 25, 2019 12:45 PM Merolagani

Gurans Laghubitta (GLBSL) has revised dividend of the last FY. Earlier, the microfinance company proposed of distributing 8.38 percent stock and 0.44 percent cash dividend.

Based on the meeting and suggestion of NRB, the company has now proposed 7.61 percent stock and 0.4007 percent cash dividend. The board of directors meeting of the company held on September 24 decided to propose the dividend.

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

The company has current paid-up capital of Rs 77.5 million that will reach Rs 83.4 million after the bonus share distribution.  

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