Nepal Bank announces 23.74% right share; Paid up will reach  Rs 7.97 arba

Nepal Bank Limited (NBL) has decided to distribute 23.743 percent right share to its shareholders. The BOD Meeting of the company held on Chaitra 6 has proposed 23.743 percent right share to its shareholders. The decision is subjected to approval from Nepal Rastra Bank, MoF and company’s upcoming Annual General Meeting (AGM). NBL has earned net profit of Rs 1.04 arba in the second quarter of the fiscal year 2072/73. It’s paid up capital remains at Rs 6.46 arba. After distributing 23.74 percent right share it’s paid up capital will reach to Rs. 7.97 arba.