3,22,814 bonus shares of NRN Infrastructure and Development Limited (NRN) are now listed in NEPSE.
The 8th AGM of the company held on Magh 25, i.e. February 07 endorsed a 3% dividend for the fiscal year 2076/77: 2.85% of the paid-up capital as bonus shares and 0.15% in cash dividend. While the bonus shares are worth 3,22,814 units, the cash dividend worth Rs. 16,99,021 is for tax purposes.
The same bonus shares are now listed in NEPSE.
This is the company's first dividend after being public and enlistment in NEPSE. After a successful IPO issue, NRN had made its debut on the Nepalese trading floor on August 26, 2020. As of writing, NRN has an LTP of Rs. 628.