Kalinchowk Darshan Proposes 8.9474% Dividend for FY 2082/83
Kalinchowk Darshan has proposed an 8.9474% dividend for FY 2082/83 including 8.5% bonus shares and a 0.4474% cash dividend for tax purposes.
Kalinchowk Darshan Limited (KDL) has proposed a total 8.9474% dividend for its shareholders for the fiscal year 2082/83.
The company’s board of directors, at a meeting held on Bhadra 24, approved the proposed dividend package, which consists of 8.5% bonus shares and a 0.4474% cash dividend for tax purposes.
Based on the company’s existing paid-up capital of Rs. 63 crore, the proposed 8.5% bonus shares are worth approximately Rs. 5.35 crore.
Similarly, the proposed 0.4474% cash dividend amounts to approximately Rs. 28.18 lakh which will be distributed to shareholders for tax purposes related to the bonus shares.
The proposed dividend is subject to approval from the company’s upcoming Annual General Meeting (AGM). The distribution will proceed only after the AGM endorses the board’s proposal.
If approved, the dividend will increase the company’s paid-up capital through the proposed bonus share issuance.