Gandaki Bikas Bank proposes 19.31% bonus shares; Paid up capital to reach Rs 2.74 arba

Gandaki Bikas Bank has proposed for the issuance of bonus shares for its shareholders from the profit of fiscal year 2073/74. The development bank has proposed for 19.3106% bonus shares worth Rs 44,50,92,250. The decision was made on Falgun 26, 2074 by the 202^nd board meeting of the company. The bonus distribution is awaiting decision from the upcoming 11^th AGM of the development bank. The bank’s current paid up capital is Rs 1.84 arba and after adjustment of 25% Right share and 19.31% bonus share, the paid up capital of the bank will Rs 2.74 arba.