Shine Resunga Development Bank and Gurans Laghubitta Distributing Bonus Shares Directly to DEMAT Accounts of its Shareholders

Shine Resunga Development Bank Limited (SHINE) has distributed 13.30% bonus shares directly to the DEMAT accounts of its shareholders.

At the 14th AGM held on the 25th Poush endorsed a 14% dividend for FY 2078/79. The 266th meeting of the board of directors held on 7th Mangsir 2079, proposed a 14% dividend from the paid-up capital. The paid-up capital of the bank stands at Rs. 3.78 Arba. 13.3% bonus shares worth Rs. 50.28 crores and 0.7% cash dividend (including tax) worth Rs 2.64 crores were proposed. The same bonus shares are now deposited to Demat accounts.

Similarly, Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) has distributed 4% bonus shares directly to the DEMAT accounts of its shareholders.

The company convened its 7th AGM on 30th Poush, 2079, and endorsed a 4.210526% dividend for FY 2078/79. The 117th meeting of the board of directors held on Mangsir 27 decided to distribute the dividend from the paid-up capital of Rs. 9.75 crores. 4% bonus share worth Rs. 39 lakhs and 0.210526% cash dividend worth Rs. 2.05 lakhs were proposed. The same bonus shares are now deposited to Demat accounts.

Note that the bonus shares of both companies have already been listed in NEPSE.

Also, the companies have urged their shareholders to dematerialize their shares at NIBL Ace Capital Limited, Lazimpat, Kathmandu.

Notice of SHINE

Notice of GLBSL