Kumari Bank proposes 12.75% bonus shares; Paid-up capital to reach Rs 8.07 arba

Mon, Dec 3, 2018 10:53 AM on Dividend, Bonus & Rights, Latest, Stock Market,
Kumari Ban...

Kumari Bank Limited (KBL) has proposed 12.75% bonus share for the FY 2073/74.

As per the notice published in NEPSE, the bank has proposed 12.75% bonus shares worth Rs 91.32 crore.

The decision of the bank is subject to approval from the Rastra Bank and upcoming AGM of the bank.

For the FY 2072/73, the bank had distributed 21% bonus shares and 1.10% cash dividend for tax purpose.

After the adjustment of the bonus shares, the paid-up capital of the bank will reach Rs 8.07 arba.