Araniko Development issuing 36% rights share

Mon, Mar 9, 2015 12:00 AM on Dividend, Bonus & Rights,

ShareSansar, March 9

As per the information received by NEPSE on 2071-11-25 at 2:30 PM, the 181st BOD meeting of Araniko Development Bank Ltd. has decided to issue 36% Rights shares to its shareholders after the distribution of 5% bonus share.

Earlier Araniko Development Bank limited (ARDBL) had proposed 5 percent bonus share and 5 percent cash dividend to its shareholders.

The bank  had posted net profit of Rs.14.74 million in the 2nd quarter of the fiscal year 2071/72.