Tinau Mission Development Bank proposes 12% bonus; Capital after adjustment to reach Rs 1.27 arba

Tinau Mission Development Bank (TMDBL) has proposed 12% bonus shares worth Rs 13.73 crore for its shareholders from the profit of FY 2075/76. The 260th Board Meeting held on Falgun 21, 2076 has decided to propose this dividend.

The proposal is subject to approval from Nepal Rastra Bank and the upcoming thirteenth AGM of the bank. The paid-up capital currently stands at Rs 1.14 arba, which after adjusting the 12% bonus will reach Rs 1.27 arba.