25% Bonus Shares of Nepal Lube Oil (NLO) Now Listed in NEPSE

1,22,040 unit bonus shares of Nepal Lube Oil Limited (NLO) have been listed in NEPSE.

The company called its 32nd AGM on Poush 25, 2080. The The 371st meeting of the board of directors held on Poush 01, 2080 proposed a 30% dividend for the fiscal year 2079/80. 25% bonus shares and 5% cash dividends were proposed from the paid-up capital of Rs. 4.86 Crores. The same bonus shares are now listed in NEPSE.

As of writing, NLO has an LTP of Rs. 242.10.