As per the notice published on NEPSE today (16th Chaitra 2073), BOD meeting of the company held on 13th Chaitra,2073 decided to propose 10% Bonus share worth Rs. 3,13,92,000 and 1.052% cash dividend worth Rs. 16,52,210.53(for tax purpose) to its shareholders.
The decision is subject to the approval from NRB and its upcoming Annual General Meeting (AGM).
The bank had issued 100% right shares on paid up capital of Rs. 15.7 crores. Issuance of right share has increased the bank’s paid up capital to Rs. 31.39 crores.
Issuing the proposed bonus shares will increase its paid up capital to Rs. 34.53 crores. It earned Rs. 2.64 crores in the 2nd quarter of current fiscal year 2073/74.
