Vijaya Laghubitta Bittiya Sanstha will not pay dividends to shareholders

Vijaya Laghubitta Bittiya Sanstha has announced that it will not distribute dividends to its shareholders from last year's profits. This decision was made during the board of directors' meeting held on Asar 1 at 8:30 AM. Last year, the institution had distributed a 21.05% dividend from the profits of the fiscal year 2078-79.

According to the decision, no dividend will be distributed from the profits of the fiscal year 2079-80. This decision was made based on the approved proposal presented by the Nepal Rastra Bank.

This decision might cause dissatisfaction among the shareholders, but it has been taken as a necessary step for the long-term financial stability and expansion of the company.

Source

- Official notification from Vijaya Laghubitta Bittiya Sanstha Ltd.