Garima Bikas Bank announces 15% bonus shares; Paid up to reach Rs 2.53 arba

Garima Bikas Bank Limited (GBBL) has announced dividend to its shareholders. As per the notice published in NEPSE today, the board meeting of the development bank held on Kartik 30, 2074 has announced 15% bonus shares from the net profit it had earned in the FY 2073/74. The decision is subjected to the approval from Nepal Rastra Bank and upcoming AGM. Its current paid up capital stands at Rs 2.20 arba. After adjustment of bonus shares, it will reach to Rs 2.53 arba. It had earned Rs 34.26 crore in the fourth quarter of the FY 2073/74. Its LTP stood at Rs 240 as of last trading day.