Deva Bikas Bank announces 5.5% bonus shares; decisions is subject to approval from NRB and upcoming AGM
Fri, Apr 19, 2019 11:25 AM on Dividend, Bonus & Rights, Latest, Stock Market,
Deva Bikas Bank Limited (DBBL) has announced 5.5% dividend for its shareholders for the FY 2074/75.
As per the notice published in NEPSE, the DBBL has announced 5.5% bonus shares worth Rs 13.93 crore for its shareholders.
The decision is subject to approval from Nepal Rastra Bank and upcoming AGM of the company.
The company existing paid up capital is Rs 2.53 arba. After the adjustment of bonus shares, the company’s paid-up capital will reach Rs 2.67 arba
For the FY 2073/74 the microfinance company had distributed 17.1% bonus shares and 0.9% cash dividend.
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