Shree Investment finance first to propose 11.64% stock dividend; net profit approx. Rs 3 crore
Thu, Aug 6, 2015 12:00 AM on Others,
ShareSansar, August 6:
The 226th BOD Meeting of Shree Investment and Finance Co. Ltd. (SIFC) has proposed distribution of 11.61% Bonus Shares and 0.61% Cash Dividend to their Shareholders which subject to the approval of NRB and its upcoming AGM.
Shree Investment is yet to publish its financial report of 4thQuarter of last Fiscal Year. An official of Shree Investment said, “The net profit of Shree Investment is around Rs 3 crore.”
Shree Investment and Finance Co. Ltd. had proposed 12 percent bonus share and 0.63 percent cash dividend to its share holders from the net profit it posted in the fiscal year 2070/71.The company had a net profit of Rs 2.80 crore in the fiscal year 2070/71. The finance company paid up capital stands Rs 19.71 crore as of 71/72 FY.
