Nepal Rastra Bank approves 26.57 percent bonus share issuance of Shree Finance; Bonus Share will be issued after decision from AGM
Tue, May 22, 2018 3:51 AM on Dividend, Bonus & Rights, Latest, Stock Market,
Shree Investment and Finance Company (SIFC) has informed NEPSE about the approval of its 26.57% bonus share issuance by Nepal Rastra Bank.
The 264th board meeting of the finance company had proposed 26.57% bonus share from the net profit of fiscal year 2073/74.
The issuance bonus share now awaits decision from the upcoming Annual General Meeting (AGM) of the company.
The current paid up capital of the finance company is Rs 63.21 crore. After the allotment of bonus shares, the paid up capital of the finance company will reach Rs 80.01 crore.
