Kamana Sewa proposed 9.5% dividend; company delayed in publishing the price sensitive information in NEPSE

Kamana Sew...

Kamana Sewa Bikas Bank Ltd. (KSBBL) has informed NEPSE about the declaration of dividend to their shareholders today.

According to the notice published in NEPSE today, the 268th Board Meeting conducted on Chaitra 24, 2075 have decided to proposed the 9.50% dividend to its shareholders for the FY 2074/75. This includes bonus shares amounting Rs 3,75,39,832.79 (i.e. Rs 3.75 crore) which is 1.50% of the total current paid-up capital and cash dividend of 8% amounting Rs 20,02,12,441.54 (i.e. Rs 20.02 crore).

The decision of the Board is yet to be approved by NRB and the AGM of the company.

The existing paid up capital of the company is Rs 2.50 arba.

It had earned Rs 34.33 crore till the end of the FY 2074/75. Its last traded price stood at Rs 143 as of yesterday.