Shine Resunga distribute 17.70% bonus share directly to the DMAT account; Urges Shareholders to dematerialize their shares

Shine Resunga Development Bank (SHINE) has published a notice regarding the distribution of bonus shares for its shareholders.

The development bank had announced 17.70% bonus shares from the net profit of FY 2074/75 which has already been deposited in the respective demat accounts of the shareholders. The Bank has also proposed the cash dividend of 0.93%, for the tax purposes.

SHINE has urged the remaining shareholders to get their shares dematerialized. The Development bank had proposed a bonus share of 25% in 2073/74 fiscal year.

The SHINE has made a net profit of Rs 19.9 crore in the Q2 of FY 75/76.  The bank's EPS stands at Rs 24.53 and Net Worth Per share stands at Rs 132.69.

LTP of the stock stands at Rs 237