Last day to clinch 15% dividend of Tinau Development Bank; LTP at Rs 252

Today is the last day to secure 15% dividend of Tinau Development Bank Limited (TNBL). The board meeting of the development bank held on Bhadra 30, 2074 had proposed 10% bonus and 5% cash dividends to its shareholders from the net profit of FY 2073/74. Only those shareholders owning shares till Mangsir 19, 2074 are entitled to the dividend of the company. The register of their shareholders will close from Mangsir 20, 2074 to Poush 8, 2074 for the purpose of its upcoming AGM. After the issuance of 10% bonus shares, its paid up capital will reach to Rs 50.68 crore from existing Rs 46.08 crore. It will be convening its 11th Annual General Meeting (AGM) on Poush 8, 2074. The AGM is going to be held at Club Denovo Pvt. Ltd, Kalikanagar, Butwal  at 9:00 AM. TNBL has earned Rs 1.56 crore in the first quarter of the FY 2074/75. Its LTP stood at Rs 252 as of last trading day.