Biratnagar based- Srijana Finance announces 60% bonus and 3.15% cash

Sharesansar, November 14:

The BOD of Biratnagar based – Srijana Finance Limited has proposed to distribute 60 percent bonus share and 3.15 percent cash dividend to its shareholders.

Company’s MD Bhawani Shanker Chapagain informs share sansar today that the finance paid up capital will increase to Rs 17 crore, once the bonus share amount is adjusted in the balance sheet of the company. Also, we are looking for an appropriate partner for an up gradation to a development bank. Otherwise, we will issue the right share to increase the capital to Rs 20 crore, following the NRB guidelines, if appropriate partner is not found within a stipulated time period.

Mr. Chapagain, also informed that the decision to give dividend to its shareholders is already approved by the NRB.