Kathmandu, October 22
Dividend of Women’s Microfinance Financial Institution (MLBSL) has been revised. The meeting of the board of directors of the organization held on Kartik 5, amended the previously proposed dividend.
Accordingly, microfinance will distribute 47.5 percent of the paid-up capital of Rs 100 million or Rs 47.5 million from the last fiscal year’s profit and 2.5 percent or Rs 2.5 million cash dividend for tax purposes.
Earlier, microfinance had announced to distribute 45 percent bonus shares and 5 percent cash dividend of the paid-up capital. The proposed dividend will be received by the shareholders after the approval of Nepal Rastra Bank and the approval of the next general meeting of microfinance.
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