Clean Energy to endorse 10.5 % dividend today; 31.5 % of Nirdhan Utthan guaranteed

ShareSansar, January 8:

Clean Energy Development Bank is holding its Annual General Meeting today.

The seventh AGM of the development bank, among other things, will endorse 10.523 percent dividend – 5 percent bonus share and 5.523 percent cash—to the shareholders from the net profit it posted in the last fiscal year 2069/70.

Clean Energy Bank had reported a profit of Rs 17.6 crore at the end of the 4th quarter of the FY 2069/70. The figure is 51.40 percent jump from Rs 11.68 crore recorded for the same period last year.
 
The bank has posted a 30.87 percent rise in deposits, from Rs 5.47 arba last year to Rs 7.16 arba this year. The bank’s EPS stood at Rs 16.20 and its net worth at Rs 122.60.

Nirdhan Utthan Bank Limited is also holding its 15th AGM today.
 
The shareholders have been eagerly waiting for the day as the bank is due to formally endorse 11.58 percent cash divdend and 20 percent bonus share for them.

The annual event is also expected to take a decision to soar up the capital of the development bank.