Purnima Bikas bank declares 26% bonus share; Paid up to reach Rs 25.41 crore

Purnima Bikas Bank Limited (PURBL) has decided to distribute 26 percent bonus share to its shareholders. As per the notice published in NEPSE today, the BOD meeting held on Bhadra 31, 2073 has proposed 26 percent stock dividend to its shareholders from the net profit it earned in the last fiscal year 2072/73. The decision is subjected to approval from Nepal Rastra Bank and the bank’s upcoming Annual General Meeting (AGM). Last year, PURBL had distributed 23.27 % bonus share to its shareholders. Purnima Bikas Bank has earned net profit of Rs 6.53 crore in the fourth quarter of the fiscal year 2072/73 as per unaudited report. It’s paid up capital stands at Rs 20.17 crore. After distribution of 26 % bonus share the paid up capital will reach to Rs 25.41 crore.