Last day to secure 39% bonus share of Siddhartha Bank

Today is the last day to secure 39% bonus share of Siddhartha Bank Limited (SBL) for the FY 2072/73. Only the shareholders holding shares one day ahead of the book closure date i.e. today (Magh 19, 2073) are eligible for the bonus and the AGM. The book closure date for the AGM has been set for Magh 20, 2073 for one day. Siddhartha Bank has earned Rs 74.94 crore up to the second quarter of the current FY 2073/74. Its paid up capital stands at Rs 3.77 arba after adjustment of recently issued 25% rights shares. After distribution of the proposed 39% bonus share, its paid up capital will reach Rs 5.25 arba. It has further proposed 30% right. After issuance of the proposed 30% right shares, its paid up capital will reach Rs. 6.82 arba. As per NRB’s directive for all commercial banks to hike their paid up capital to Rs 8 arba by the end of FY 2073/74, it will need to further increase its capital by 17.21%.