Swarojgar Laghubitta Bikas Bank Ltd. (SLBBL) has made amendment regarding its stock dividend and cash dividend.Previously the micro finance company had announced 30% bonus share and 10% Cash dividend. The BOD meeting held on Ashwin 13 has amended its previously announced dividend to its shareholders as 34.2% stock dividend and 1.8% cash dividend instead of 30 % stock dividend and 10% Cash dividend.
The decision is subjected to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting (AGM).
The micro finance had earned net profit of Rs 1.82 crore in the last fiscal year. Its last traded price stood at Rs 1930.-SSN
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