Siddhartha Bank’s 16th AGM approves 14 % bonus shares; paid up to surge to Rs 8.46 arba
Mon, Mar 19, 2018 8:45 AM on Latest, Dividend, Bonus & Rights, Featured, AGM/Special AGM, Stock Market,

Siddhartha Bank Limited has successfully conducted its 16th Annual General Meeting (AGM) on Chaitra 4, 2074. This AGM has approved to distribute 14 % bonus share of the paid up capital of Rs 6.82 arba i.e. worth of Rs 95.56 crore to its shareholders. The Bank has been issuing 10% right shares to its shareholder which will end on Chaitra 6, 2074. The Bank's paid up capital will surge to Rs 8.46 arba after the adjustment of 10% right share & 14% bonus share.
Currently, the Bank has been serving the country with its 100 branches (including 3 extension counters), 99 branchless banking locations, 107 ATMs and 687 POS machines. As per the unaudited financial results as at Falgun of the current fiscal year 2074/75, the Bank has recorded Net Profit of Rs 1.13 arba, a deposit portfolio of Rs 87.57 arba and a loan portfolio of Rs 79.29 arba.
