Asha Laghubitta Bittiya Sanstha Ltd (ALBSL) has listed 9,14,302.80 units of bonus shares in the Nepal Stock Exchange (NEPSE).
Key Highlights:
- The company held its 8th Annual General Meeting (AGM) on 7th Mangsir, 2081, approving a 15% dividend for the fiscal year 2079/80.
- The dividend includes:
- 14.25% bonus shares, valued at Rs. 9.14 Crores.
- 0.75% cash dividend, including tax, amounting to Rs. 42,12,120.
- These bonus shares were approved by the Board of Directors on Ashwin 6, and are now officially listed for trading on NEPSE. This listing enables shareholders to trade the bonus shares in the secondary market
About Company:
Asha Laghubitta Bittiya Sanstha Ltd. started in 2075 BS, is a microfinance institution in Nepal that helps people in rural areas access financial services. It provides small loans, savings plans, and other services to support low-income families and small businesses, focusing on empowering women to improve their lives and start or grow businesses. The institution also offers training to help people manage their money wisely. With branches in rural areas and a team from local communities, Asha Laghubitta ensures personalized support, building trust and contributing to better livelihoods and economic growth in Nepal.