Shares Listed: Bonus Shares of PFL and Right Shares of SHBL

4,58,640.86 bonus shares of Pokhara Finance Limited (PFL) are now listed in NEPSE.

Pokhara Finance has virtually convened its 24th AGM for the FY 2076-77 under the leadership of its chairman on Poush 29, 2077.

The AGM has endorsed the board’s proposal to provide 5% bonus shares and 0.26% cash dividend to its shareholders from the profit it had made in the previous fiscal year. After the endorsement of the bonus shares, the paid-up capital of the finance company will scale up to Rs 96.31 crore.

The same bonus shares are now listed.

Similarly, 9,21,148.70 right shares of Sahara Bikas Bank Limited (SHBL) are also now listed in NEPSE.

The development bank had issued 18,24,870 unit right shares to the shareholders holding shares till Baisakh 9, 2075. The shares that are listed today are the 9,21,148.70 promoter shares that were later auctioned.

Earlier this scrip's trading was halted due to acquisition by Deva Bikas Bank Limited (DBBL). But the agreement was terminated, and SHBL signed a merger agreement with Garima Bikas Bank Limited (GBBL) on 4th Oct 2020. SHBL's trading is halted for the last 46 months due to the non-materialization of the merger and acquisition after signing MoU with another institution.