Mission Development Bank proposes 11% bonus shares; Paid-up capital to reach Rs 57.64 crore after adjustment
Mon, Oct 29, 2018 1:02 PM on Dividend, Bonus & Rights, Latest, Stock Market,
Mission Development Bank Limited (MIDBL) has proposed 11% bonus shares for its shareholders.
As per the notice published in NEPSE, the development bank has proposed 11% bonus shares worth Rs 5,71,20,822 for its shareholders for the FY 2074/75.
The decision of the development bank is subject to approval from Nepal Rastra Bank and upcoming AGM.
For the FY 2073/74, the development bank had distributed 20% bonus shares. Current capital of Rs 51.92 crore will reach Rs 57.64 crore after adjustment of 20% bonus shares.
