Sana Kisan Bikas Bank proposes 25% bonus shares; paid up to reach Rs 62.88 crore

Sana Kisan Bikas Bank Limited (SKBBL) has proposed dividends to its shareholders. As per the notice published in NEPSE today, the microfinance company’s BOD meeting held on Ashwin 6, 2074 has declared 25% bonus along with cash dividend of 1.316% (for tax purpose) to its shareholders from the net profit of FY 2073/74. The decision is subject to the approval from concerned authority and upcoming AGM. Its current paid up capital stands at Rs 50.30 crore. After 25% bonus share, its paid up capital will reach Rs 62.88 crore. It had earned Rs 33.06 crore in the fourth quarter of the FY 2073/74.