Last day to secure 21% bonus & 50% right share of Kumari Bank; Book Closure tomorrow

Thu, Mar 2, 2017 10:12 AM on Latest, Featured, Book Closure, Stock Market,
Today is the last day to secure 21% bonus share and 50% right share of Kumari Bank Limited (KBL). The register of their shareholders will close tomorrow (Falgun 20, 2073) for the purpose of its upcoming 16th AGM going to be held on Chaitra 9, 2073 and for right share issue going to be floated from Chaitra 6, 2073. KBL will be endorsing 21% bonus share for the FY 2072/73 and a further right share worth Rs 1.19 arba after acquiring Kasthamandap Development Bank, Paschimanchal Finance Company, Mahakali Bikas Bank and Kankrebihar Bikas Bank among other agendas in its 16th AGM going to be held on Chaitra 9, 2073. KBL has earned net profit of Rs 27.93 crore in the second quarter of the fiscal year 2073/74 as per its unaudited report. Its paid up capital stands at Rs 2.69 arba. After the issuance of 50% right and 21% bonus shares, its paid up capital will reach Rs 4.61 arba. Its last traded price stood at Rs 513 as of yesterday.