Siddhartha Capital has declared cash dividends for two of its mutual fund schemes for the fiscal year 2082/83.
Siddhartha Capital, which manages the mutual funds, held a board meeting on Monday. In the meeting, they decided to distribute cash dividends to the unit holders of Siddhartha Investment Growth Scheme-2 and Siddhartha Investment Growth Scheme-3.
Dividend Details for Both Schemes
According to the decision, unit holders of Siddhartha Investment Growth Scheme-2 will receive an 8 percent cash dividend. This total dividend amount is equal to Rs. 9 crore 60 lakh.
Similarly, Siddhartha Investment Growth Scheme-3 has announced to distributing a 10 percent cash dividend to its unit holders. This percentage translates to a total payout of Rs. 8 crore 5 lakh 80 thousand. For both of the schemes, the announced cash dividend includes the tax amount as well.
Book Closure Date
Siddhartha Capital has informed that book closure date for the proposed dividend distribution will be published later.
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