Machhapuchchhre Bank distributes 6% cash dividend & 9% bonus share; urges its shareholders to dematerialize their shares

Machhapuchchhre Bank Limited (MBL) has published a notice regarding the distribution of cash dividend and bonus for its shareholders.

The commercial bank had announced 6% cash dividend and 9% bonus share to its shareholders from the profits in FY 2073/74, which has already been deposited in the respective bank accounts of the shareholders who held shares before the book closure date.

MBL has urged the remaining shareholders to get their shares dematerialized.

The commercial bank reported net profit of Rs 81.50 crore and has paid-up capital of Rs 8.05 arba as per Q3 report of FY 2074/75.

Its Last Traded Price (LTP) stands at Rs 215.