Prime Commercial Bank proposes 16% bonus shares; Paid-up capital to reach Rs 9.31 arba

Fri, Dec 21, 2018 11:11 AM on Dividend, Bonus & Rights, Latest, Stock Market,

Prime Commercial Bank Limited (PCBL) has proposed 16% bonus shares for the FY 2074/75.

As per the notice published in NEPSE, the commercial bank has announced 16% bonus shares for its shareholders.

The decision of the bank is subject to approval from Nepal Rastra Bank and upcoming AGM of the bank.

After the adjustment of the bonus shares, the bank’s paid-up capital will reach Rs 9.31 arba.

The bank had distributed 27% bonus shares for the FY 2073/74.