Om Development Bank proposes issue of 12.70% bonus shares from profits of FY 74/75; paid up capital to reach Rs.2.83 Arba after the adjustment

Sun, Jan 13, 2019 11:46 AM on Dividend, Bonus & Rights, Latest, NEPSE News,

Om Development Bank (ODBL) has published a notice on NEPSE regarding the proposed dividend of the company.

The 159th BOD meeting held on 27th Poush has proposed the issue of 12.70% bonus shares from the profits of FY 74/75 to the shareholders.

The decision of the dividend is subject to approval from the NRB.

The company that is set to be acquired by Prime Commercial Bank will have a paid up capital of Rs.2.83 Arba after the adjustment of bonus shares.