Bonus Shares of Prabhu Insurance, Global IME Laghubitta, Excel Dev. Bank and Kumari Bank (after acquisition of Deva) listed in NEPSE

5,11,989 Units Bonus Shares of Prabhu Insurance Limited (PRIN) has been listed in NEPSE.

The company's 24th AGM held on Magh 24, 2076 (February 7, 2020) had decided to distribute bonus shares equal to 5% of its paid-up capital. After 6 months today, i.e. August 6, 2020, NEPSE has listed the bonus shares to be tradable in the secondary market henceforth.

The day before the AGM was held, Prabhu Insurance's shares were being traded at Rs. 441 per unit. As of writing, its Last Trading Price is Rs. 475.

The company has already distributed an 11.32% cash dividend as well to its shareholders.

Similarly; 3,86,601.25 Units Bonus Shares of Global IME Laghubitta Bittiya Sanstha Limited (GILB) has been listed in NEPSE for regular trading. The microfinance company had issued a 17.50% bonus shares for the FY 75/76.

Likewise; 11,84,472.50 Units Bonus Shares of Excel Development Bank Limited (EDBL) has been listed in NEPSE for regular trading. The company had issued a 17.10% bonus shares for the FY 75/76.

Likewise, Nepal Stock Exchange Limited has listed shares of Kumari Bank Limited post-acquisition of Deva Bikas Bank Limited in the swap ratio of 1: 0.86 per share. 

In total 2,96,59,190.28 Units Shares of Kumari Bank Limited - KBL (For Acquisition of Deva Bikas Bank Limited) has been listed in NEPSE for trading purposes. 

Kumari Bank has begun a joint transaction after the successful acquisition of Deva Bikas Bank from Ashad 28, 2077.