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Trading of Vijaya Laghubitta (VLBS) Suspended as the Company Declares Dividend By Violating NEPSE Guidelines

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Trading of Vijaya Laghubitta (VLBS) Suspended as the Company Declares Dividend By Violating NEPSE Guidelines

The Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) transaction has been halted, according to the official notice of the Nepal Stock Exchange (NEPSE), since the business declared dividends to be given to shareholders without first receiving authorisation from NEPSE.

At 6:35 PM on Magh 25, after business hours, Nepal Stock Exchange received the letter from VLBS regarding the dividend declaration for the Fiscal Year 2078/79. However, on Magh 10 itself, Vijaya Laghubitta held a meeting to suggest dividends to the shareholders.

 

Topics Covered in this post:
AR | SGHC | Meeting | NLIC | LBLD88 | FMDBL | RLI | o | Receive | NICGF
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