Shine Resunga announces 18% bonus shares for its shareholders; Paid-up capital to reach Rs 1.62 arba
Thu, Aug 30, 2018 11:07 AM on Dividend, Bonus & Rights, Latest, Stock Market,
Shine Resunga Development Bank Limited (SHINE) has announced 18% bonus shares for its shareholders.
As per the notice published in NEPSE, the development bank will be distributing 18% bonus shares worth Rs 24,81,50,800 and cash dividend for tax purpose worth Rs 1.30 crore. The development bank will be distributing the bonus shares from the net profit of fiscal year 2074/75.
The decision taken by the meeting of BoD is subject to approval from Nepal Rastra Bank and upcoming Annual General Meeting of the development bank.
The paid up capital of the bank will reach Rs 1.62 arba after the issuance of the bonus shares.
