NIC Asia Laghubitta Bittiya Sanstha Limited (NICLBSL) has announced that it will not distribute any dividend for the fiscal year 2081/82.
The decision was made during the company’s 263rd Board of Directors meeting held on Baisakh 04, 2083. According to the company, the move is subject to approval of its financial statements by Nepal Rastra Bank and endorsement at the upcoming Annual General Meeting (AGM).
As of the latest market update, shares of NICLBSL were traded at Rs. 590.00.