Nerude Laghubitta (NLBBL) Calls AGM; When's the Book Closure for 8.42% Dividend?

Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) has called its 14th AGM on Falgun 22, i.e. March 06.

Among other proposals, the AGM will endorse the dividend for the fiscal year 2076/77. The company has proposed an 8.42% dividend for the fiscal year 2076/77. The 264th meeting of the board of directors held on Poush 24 has decided to distribute an 8% bonus shares and 0.42% cash dividend (including the amount for tax purposes) from the paid-up capital. The paid-up capital of the company is Rs. 45,72,94,050.

The book closure date is declared on Falgun 07. Thus, investors maintained before that day are entitled to the dividend payout and can also attend the AGM. Books will be closed from Falgun 07 to Falgun 22.

The company has published the second-quarter report of FY 2077/2078 with an increment of 22.68% in Net Profit. As per the report published by the company, the net profit increased to Rs. 7.42 crores as compared to Rs. 6.05 crores in the corresponding quarter of the previous year. As of writing, the last day close of the company stands at Rs. 1,350 per share.