Shares Listed: Bonus Shares of SBI and TMDBL

53,73,723.33 units bonus shares of Nepal SBI Bank Limited (SBI) have been listed in NEPSE.

Nepal SBI Bank Limited has successfully conducted its 27th Annual General Meeting. The AGM approved the Director's Report, Annual Financial Statements (Statement of Financial Position, Statements of Profit or Loss, Statement of Comprehensive Income, Statement of Cash Flow, and all the related schedules and notes to the Annual Report) for FY 2076/77 (2019/21).

The meeting resolved to approve the distribution of Dividend @ 9.47% (Bonus Shares @ 6% and Cash Dividend @ 3.47%) to its shareholders. The same bonus shares are now listed in NEPSE. While writing this, SBI has an LTP of Rs. 420.

10,87,876.3205 units bonus shares of Tinau Mission Development Bank Limited (TMDBL) have also been listed in NEPSE. The company had proposed a 6% dividend for the fiscal year 2076/77. The 276th meeting of the board of directors held on Poush 01 decided to distribute the entire 6% dividend in bonus shares. The bonus shares are worth Rs. 10,87,87,632.05.

The same bonus shares are now listed in NEPSE. As of writing, TMDBL has an LTP of Rs. 197.