Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) has recently listed 6,40,000 unit bonus shares on the Nepal Stock Exchange (NEPSE). During their 10th Annual General Meeting held on 28th Chaitra, the company approved a dividend of 21.0526%, totaling Rs. 6.73 Crores, for the fiscal year 2078/79. The board of directors, in a meeting on Magh 10, decided to distribute this dividend based on the paid-up capital of Rs. 32 Crores. As part of the dividend, 20% bonus shares valued at Rs. 6.40 Crores and a 1.0526% cash dividend (for tax purposes) amounting to slightly over Rs. 33.68 lakhs were proposed. These bonus shares are now available for trading on the NEPSE. Yesterday, VLBS closed at a price of Rs. 647.
