Jebils Finance declares 16.75% stock dividend; Paid up capital will reach Rs 25.68 crore

Jebils Finance Limited (JEFL) has decided to distribute 16.75 percent bonus share and 0.8816 percent cash dividend for tax purpose to its shareholders. The 108^th BOD Meeting of the company held on Mangsir 18 has proposed 16.75 percent bonus share 0.8816 percent cash dividend for tax purpose to its shareholders from the net profit it earned in the last fiscal year 2071/72. The decision is subject to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting (AGM). Earlier in the fiscal year 2070/71, Jebils Finance had distributed percent 10% bonus share and 4.74 percent cash dividend to their shareholders JEFL had earned net profit of Rs. 28.73 lakh in the first quarter of current fiscal year 2072/73 unaudited report. It’s paid up capital remains at Rs. 22 crore. After distributing 16.75 percent bonus share it’s paid up capital will rise to Rs 25.68 crore.