Bonus Shares of ILBS and SLBS Listed in NEPSE

8,99,098.1273 unit bonus shares of Infinity Laghubitta Bittiya Sanstha Limited (ILBS) have been listed in NEPSE.

The 5th AGM held on 27th Poush, 2078 endorsed a 29.16% dividend for FY 2077/78. The company proposed 27.7% bonus shares and a 1.46% cash dividend. The bonus shares are worth slightly over Rs. 8.99 crores and the cash dividend is worth Rs. 47.32 lakhs.

The same bonus shares are now listed in NEPSE. Poush 15 was the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout.

ILBS closed at Rs. 1,095.

Similarly, 4,96,085.85 unit bonus shares of Suryodaya Laghubitta Bittiya Sanstha Limited (SLBS) have also been listed in NEPSE.

The 9th AGM of the company held on 16th Poush, 2078 endorsed a 20% dividend for the fiscal year 2077/78. The 170th meeting of the board of directors held on Kartik 25 decided to distribute the dividend on the paid-up capital of Rs. 24,80,42,925. The entirety of the dividend has been proposed in bonus shares. Thus, the bonus shares are worth Rs. 4,96,08,595.

The same bonus shares are now listed in NEPSE.