Last day to clinch 27% bonus shares of Prime Commercial Bank; LTP at Rs 427

Today is the last day to clinch 27% bonus shares of Prime Commercial Bank Limited. The 319^th board meeting of the bank held on Kartik 26, 2074 had announced 27% bonus shares to its shareholders from the net profit it earned in the FY 2073/74. The book closure date for the AGM has been set on Poush 5, 2074. Thus, shareholders owning shares till today (Poush 4, 2074) i.e. one day ahead of the book closure date are eligible to participate in the AGM and proposed dividend. Prime Commercial Bank Limited (PCBL) will be convening its 10^thAnnual General Meeting (AGM) on Poush 25, 2074. The AGM is going to be held at Army Officers Club, Kathmandu at 10:00 AM. Prime Commercial Bank had earned Rs 34.17 crore in the first quarter of the fiscal year 2074/75. PCBL had acquired Biratlaxmi Bikas Bank and Country Development Bank in share swap ratio of 100:75:40 respectively. The bank has published consolidated financial statements, its paid up capital stood at Rs 6.32 arba in Q1 of the FY 2074/75. After issuance of 27% bonus share its capital will reach 8.02 arba.  After this bonus PCBL will meet NRB minimum paid up capital requirement of Rs 8 arba.