Nadep Laghubitta proposes 30% bonus shares; Paid-up capital to reach Rs 36.80 crore after adjustment of 30% bonus & 100% right shares

Fri, Nov 30, 2018 11:30 AM on Dividend, Bonus & Rights, Latest, Stock Market,

Nadep Laghubitta Bittiya Sanstha Limited (NADEP) has proposed 30% bonus shares for the FY 2074/75.

As per the notice published in NEPSE, the microfinance company has proposed 30% bonus shares worth Rs 4.80 crore and Rs 25.26 lakh as cash for tax purpose.

The decision taken by the 87th BOD meeting of the microfinance company is subject to approval from Nepal Rastra Bank and upcoming AGM of the company.

After the adjustment of 30% bonus shares and recently announced 100% right shares, the paid-up capital of the company will reach Rs 36.80 crore.