Deprosc Laghubitta Proposes 15% Dividend for FY 2081/82

Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has proposed a 15% dividend for the fiscal year 2081/82, amounting to a total of Rs. 28.02 crores.

The proposal was endorsed by the company’s 385th board meeting held on Mangsir 25. Based on the paid-up capital of Rs. 1.86 Arba, the company has proposed 10% bonus shares and 5% cash dividend (allocated for tax purposes). As per the breakdown, the bonus shares are valued at approximately Rs. 18.68 crores, while the cash dividend amounts to Rs. 9.34 crores.

The dividend will be distributed only after approval from Nepal Rastra Bank and endorsement by the company’s upcoming Annual General Meeting (AGM).

DDBL’s share price closed at Rs. 868.30 in the previous trading session.