8.075% Bonus Shares of Pokhara Finance (PFL) Deposited to Demat Accounts, Shares Already Listed in NEPSE

Pokhara Finance Limited (PFL) has distributed 8.075% bonus shares directly to Demat accounts. The company has also urged its shareholders to dematerialize their shares (in case they haven't done so yet) in order to get the dividend directly on their Demat accounts.

The 25th AGM of the company held on 30th Poush, 2078 endorsed an 8.5% dividend for the fiscal year 2077/78. The 498th meeting of the board of directors held on Poush 01 decided to distribute the dividend on the paid-up capital of Rs. 96.31 crores. 8.075% bonus shares worth slightly over Rs 7.7 crores and 0.425% cash dividend (including tax) worth Rs 40.93 lakhs were proposed.

The same bonus shares are now deposited to eligible shareholders' Demat accounts. Note that these shares have already been listed in NEPSE. Poush 21 was the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout.

As of writing, PFL has an LTP of Rs. 506.