Kumari Bank's Book Closure: only today left to get hold to reap 33% bonus shares

ShareSansar, October 21:

Investors getting hold of the shares of Kumari Bank Ltd (KBL) till today will only be entitled for the dividend announced by the bank as the book will remain closed from tomorrow.

 According to a notice of the bank, the shareholders book will remain closed from Wednesday to Kartik 26 for the purpose of AGM. The Bank’s has scheduled its 14th AGM on Kartik 26 at Kamaladi Kathmandu.

The bank has already proposed 33 percent bonus share and 1.74 percent cash dividend to cover for the tax to its shareholders from the profit it posted in the last fiscal year 2070/71.

According to the fourth quarterly report of the bank, its net profit increased to Rs 34.09 crore on the quarter end of last fiscal year, up from Rs 29.14 crore in the corresponding previous year’s quarter ending.