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Himalayan Laghubitta Proposes 5% Dividend for FY 2082/83

Himalayan Laghubitta (HLBSL) has proposed a 5% dividend for shareholders, comprising 4.75% bonus shares and 0.25% cash dividend for the fiscal year 2082/83.

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Himalayan Laghubitta Proposes 5% Dividend for FY 2082/83

Himalayan Laghubitta Bittiya Sanstha Limited (HLBSL) has proposed a 5% dividend distribution to its shareholders for the fiscal year 2082/83. The company's 262nd Board of Directors meeting, held on Kartik 13, decided to distribute the proposed dividend from its paid-up capital of Rs. 34.10 crore. The proposal includes 4.75% bonus shares worth approximately Rs. 1.62 crore and a 0.25% cash dividend, including tax, worth Rs. 8.52 lakh. The proposed dividend is subject to approval from Nepal Rastra Bank and endorsement at the company's upcoming Annual General Meeting (AGM).

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