Kathmandu, May 31, 2026 — Nerude Mirmire Laghubitta Bittiya Sanstha Limited has announced that it will not distribute any dividend to shareholders from the profits earned during Fiscal Year 2081/82.
The decision was made during the company's 393rd Board of Directors meeting, held on Jestha 18, 2083 (May 31, 2026) at 4:30 PM. After reviewing the audited financial statements and overall financial position of the institution, the board resolved not to recommend either cash dividends or bonus shares for the fiscal year.
Key Highlights
| Particulars | Details |
|---|---|
| Company | Nerude Mirmire Laghubitta Bittiya Sanstha Ltd. |
| Sector | Microfinance |
| License Category | 'Gh' Category |
| Regulator | Nepal Rastra Bank |
| Board Meeting No. | 393rd |
| Meeting Date | Jestha 18, 2083 |
| Dividend Recommendation | None |
| Bonus Shares | 0% |
| Cash Dividend | 0% |
| Status | Subject to NRB approval and AGM endorsement |
Board Decision
The board has decided not to distribute any portion of the accumulated profit as dividends to shareholders for FY 2081/82. The proposal will now be forwarded to Nepal Rastra Bank for regulatory approval before being presented at the company's upcoming Annual General Meeting (AGM) for shareholder endorsement.
Official Statement
According to Company Secretary Rajesh Shrestha, the institution has chosen to prioritize financial strength, capital adequacy, and regulatory compliance over dividend distribution this year.
Implications for Shareholders
| Impact Area | Effect |
|---|---|
| Cash Dividend | No distribution |
| Bonus Shares | No issuance |
| Retained Earnings | Remain within the company |
| Capital Base | Expected to strengthen |
| Future Growth | Additional resources available for business expansion |
The retained earnings are expected to support the institution's long-term growth plans and strengthen its financial position in an increasingly competitive microfinance sector.
Regulatory Notifications
The company has informed the following regulatory and related institutions regarding the board's decision:
- Securities Board of Nepal
- CDS and Clearing Limited
- Office of the Company Registrar
- Nepal SBI Merchant Banking Limited
Investor Perspective
The decision reflects a conservative financial management strategy focused on strengthening the institution's balance sheet rather than providing immediate shareholder payouts. While investors will not receive dividends this year, the move may help improve the company's capital position and support future business expansion and sustainability.
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