Book closure for 20% bonus shares of Naya Nepal Laghubitta on Poush 12

Mon, Dec 18, 2017 11:39 AM on Latest, Featured, Book Closure, Stock Market,
Naya Nepal Laghubitta Bikas Bank Limited (NNLB) has published book closure date for the AGM. As per the notice published in NEPSE today, the microfinance company has set the book closure date from Poush 12 to Poush 27, 2074. Thus only those shareholders holding shares till Poush 11, 2074 i.e. one day ahead of the book closure date are eligible to participate in the AGM. The 221st board meeting of the microfinance company held on Mangsir 8, 2074 had announced 20% stock and 1.05% cash dividend for tax purpose to its shareholders from the net profit of FY 2073/74. The same meeting has also proposed right share in the ratio 1:2.5 (250%) after issuance of bonus share to its shareholders. NNLB had earned Rs 2.69 lakh in the first quarter of the current fiscal year 2074/75. After the issuance of this bonus and right shares, its paid up capital will reach Rs 8.4 crore from existing Rs 2 crore. Its last traded price stand at Rs 3,050 as of last trading day.