Supreme Development’s bonus shares listed; City Development’s share conversion effective from Chaitra 2
Mon, Mar 16, 2015 12:00 AM on Others,
ShareSansar, March 16:
The bonus shares of Supreme Development Bank have been listed at NEPSE today. Investors holding bonus shares of the bank can now start trading in the shares. Supreme Development Bank had issued 3,96,220 units of bonus shares for its existing shareholders.
Supreme Development Bank Limited has posted a net profit of Rs.19.64 crore in its 2nd quarter of the fiscal year 2071/72.
Meanwhile, City Development Bank (CDBL) conversion of promoter shares to public shares goes into effect from Chaitra 2. After the conversion, promoter to public ratio at the development bank will be 51% to 49%.
The approval for conversion had been given by NRB on Asar 24, 2071, by SEBON on Falgun 8, 2071 and by Company Registrar on Magh 22, 2071.
City Development Bank Limited has posted net profit of Rs 55.91 million in its 2nd quarter of the fiscal year 2071/72.
