Nagbeli Laghubitta Bikas Bank endorses 16.11% bonus shares from the profit of FY 2074/75
Mon, Nov 12, 2018 2:09 PM on Dividend, Bonus & Rights, Latest, Stock Market,
Nagbeli Laghubitta Bikas Bank Ltd. has informed NEPSE on 2075-07-26 about the endorsement of Bonus Shares and it's approval from the 8th Annual General Meeting (AGM) of the microfinance.The AGM has approved 16.11% bonus shares worth Rs 2,46,96,541 and 0.84% cash dividend worth Rs 12,99,818 for tax purpose from the distributable profit of FY 2074/75. The same will be forwarded to Nepal Rastra Bank (NRB) for approval.
The microfinance had recently distributed 100% right shares to its shareholders after which the paid up capital of the microfinance has reached Rs 15.32 crore. The bonus will be provided on the basis of this adjusted paid-up capital. So after the bonus distribution, the paid-up capital of microfinance will reach Rs 17.78 crore.
