The meeting decided to propose Rs 61.1 million worth of bonus share and Rs 227.4 million worth of cash dividend of the paid-up capital maintained after the issuance of 80 percent right shares.
The announced dividend is subjected to approval from NRB and the upcoming AGM of the company. After the bonus share distribution, the bank will meet the minimum paid-up capital to be maintained by the national level development bank as per NRB directive.
