Janaki Finance announces 22% bonus shares; Paid-up capital to reach Rs 49.20 crore

Janaki Finance Limited (JFL) has announced 22% bonus shares for its shareholders.

As per the notice published in NEPSE, the finance company has announced 22% bonus share and 1.16% cash dividend for tax purpose from the profit of FY 2074/75.

The decision taken by the 261st meeting of the finance company is subject to approval from Nepal Rastra Bank and upcoming Annual General Meeting (AGM).

Janaki Finance has reported net profit of Rs 13.38 crore in the fourth quarter of the fiscal year 2074/75. After the adjustment of bonus shares, the paid-up capital of the company will reach Rs 49.20 crore.