21,89,317.37 Bonus Shares of Forward Microfinance Laghubitta Listed in NEPSE

21,89,317.37 unit bonus shares of Forward Microfinance Laghubitta Bittiya Sanstha Limited (FOWAD) have been listed in NEPSE.

The 9th AGM of the company held on 30th Poush, 2078 endorsed a 42% dividend for the fiscal year 2077/78. The 112th meeting of the board of directors held on Mangsir 21 decided to distribute the dividend on the paid-up capital of Rs. 62.55 crores. 35% bonus shares worth Rs. 21.89 crores and 7% cash dividend worth Rs. 4.37 crores were proposed. The cash dividend were proposed for the tax amount on bonus shares. The same bonus shares are now listed in NEPSE.

Poush 16 was the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout.