Mega Bank opts to bonus, right shares & merger; NCC bank plans bonus shares & merger

  1. MEGA BANK
Mega Bank has following plans to hike its paid up capital to Rs 8 arba. By the end of fiscal year 2071/72, Mega Bank has a paid up capital of Rs 2.61 arba. From the profit of last fiscal year the bank will be issuing 10% bonus shares after which the bank will have a paid up capital of Rs 2.87 arba. After bonus share, the bank will be issuing right shares in the ratio 2:1. From the profit of fiscal year 2072/73 the bank will be issuing 12% bonus share after that the bank has plan to merge with a financial institution with a paid up capital of Rs 3 arba. By the end of fiscal year 2073/74 the bank has plan to raise its paid up capital upto Rs 7.65 arba. From the profit of fiscal year 2073/74 the bank will be issuing 8.49% bonus share after which its paid up capital will stand at Rs 8.30 arba. mega bank  
  1. NCC BANK 
NCC capital plans include following points NCC bank has a paid up capital of Rs 2.02 arba by the end of fiscal year 2071/72. The bank has plan to issue 15% bonus share from the net profit of the fiscal year 2071/72 after which the bank’s paid up capital will stand at Rs 2.33 arba by the end of fiscal year 2072/73. In fiscal year 2072/73 the bank will be issuing 44% bonus share (it includes bonus shares declared by merging partners). The bank will be merging with the other financial institutions with a paid up capital of Rs 3.77 arba. By the end of fiscal year 2072/73, the bank will have a paid up capital of Rs 7.14 arba. In fiscal year 2073/74, the bank will be providing 13.6% bonus share after which its piad up capital will reach to Rs 8.12 arba. NCC BANK