Shangrila Development Bank proposes 9.30% dividend; Paid-up capital to reach Rs 2.60 arba after adjustment of 4% bonus shares
Wed, Dec 19, 2018 12:24 PM on Dividend, Bonus & Rights, Latest, Stock Market,
Shangrila Development Bank Limited (SADBL) has proposed 9.30% dividend for its shareholders.
As per the notice published in NEPSE, the development has proposed 4% bonus shares worth Rs 10.02 crore and 5.30% cash dividend worth Rs 13.78 crore for the FY 2074/75.
The decision of the development bank is subject to approval from Nepal Rastra Bank and upcoming AGM of the bank.
After the adjustment of 4% bonus shares, the paid-up capital of the bank will reach Rs 2.60 arba.
