Manjushree Finance Limited Proposes 15% Cash Dividend for FY 2081/82

Manjushree Finance Limited (MFIL) has put forth a proposal for a 15% cash dividend for the fiscal year 2081/82.

During the 310th board of directors assembly convened on Ashwin 07, it was resolved to allocate the dividend based on the paid-up capital of Rs. 1.35 Arba. This 15% cash dividend (including tax) amounts to Rs 20.27 crores.

The dividend distribution will take place only after receiving approval from the NRB and confirmation at the company’s forthcoming AGM. As of this writing, MFIL has a last trading price (LTP) of Rs. 661.00.