Kabeli Bikas Bank announces 35% bonus shares; Paid-up capital to reach Rs 28.42 crore
Mon, Sep 3, 2018 11:37 AM on Dividend, Bonus & Rights, Latest,
Kabeli Bikas Bank Limited (KEBL) has announced 35% bonus share for its shareholders from the net profit of FY 2074/75.
As per the notice published in NEPSE, the development bank has announced bonus share worth Rs 7,37,06,640 for its shareholders.
The decision for the distribution of bonus shares is subject to approval from NRB and upcoming AGM Of the development bank.
The shareholders holding the shares of the company till Jestha 27 (date of joint transaction) shall not be liable to pay tax on the bonus shares
After the adjustment of bonus shares, the paid-up capital of the bank will reach Rs 28.42 crore. The company is mulling over to issue 70% right share too after bonus share to make Rs 50 crore paid up capital as prescribed by NRB.
