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First Microfinance Dividend Declared for FY2080/81

The name of the organization or company mentioned in the document

First Microfinance Laghu Bitta Sanstha Ltd. has announced a 9.47% dividend for 2080/81. The dividend comprises a 9% bonus shares and a 0.47% cash dividend.

The dividend declaration was made in a board of directors meeting held on 14 Kartik 2081. The dividend will be paid after approval from Nepal Rastra Bank (NRB) and will be proposed at the upcoming annual general meeting.

Key Points from Notice:

  • Dividend: 9.47% (9% bonus share + 0.47% cash)
  • Bonus Shares: Rs. 11,10,44,421
  • Cash Dividend: Rs. 58,44,441
  • Total Dividend: Rs. 11,68,88,862

A formal letter from First Microfinance Laghu Bitta Bittiya Sanstha Ltd. to Nepal Stock Exchange announcing a 9.47% dividend declaration for the fiscal year 2080/81. The letter details the proposed 9% bonus share and 0.47% cash dividend. The letter is written in Nepali language and is signed by Bijay Sharma, Company Secretary.
First Microfinance Laghubitta Sanstha Ltd. Notice

About First Microfinance Laghu Bitta Sanstha Ltd.:

First Microfinance Laghu Bitta Sanstha Ltd. began operations on January 8, 2010, in Kathmandu, Nepal. Licensed by the Nepal Rastra Bank (NRB), it operates as a national-level microfinance institution dedicated to serving the financial needs of economically and socially disadvantaged individuals and small businesses. First Microfinance prioritizes agricultural and micro-enterprise sectors, aiming to uplift livelihoods and promote sustainable microfinance practices in Nepal.

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