Manjushree Financial announces 11.4 % bonus share; Paid up to reach Rs 24.97 crore

Manjushree Financial Institution Limited (MFIL)  has decided to distribute 11.4 percent bonus share and 0.6 percent cash dividend for tax purpose to its shareholders. The 115^th BOD meeting held today (Poush 6, 2072) has proposed 11.4 percent bonus share and 0.6 percent cash dividend (tax purpose) to its shareholders from the net profit it earned in the last fiscal year 2071/72. The decision is subjected to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting (AGM). Last year, MFILhad distributed 12.50 % bonus share and 7 % cash dividend to its shareholders from the profit it made in 2070/71 FY. Manjushree has earned net profit of Rs 90.86 lakh in the first quarter of the fiscal year 2072/73 as per unaudited report. It’s paid up capital remains at Rs 22.50crore and after the issuance of bonus share the paid up capital will rise to Rs 24.97crore.