Bonus Shares of ADBL, STC, SMFBS and MMFDB Listed in NEPSE

26,37,583.15 unit bonus shares of Agricultural Development Bank Limited (ADBL) have been listed in NEPSE.

The bank convened its 16th AGM on 14th Chaitra and endorse a 13% dividend for the fiscal year 2078/79. The 1000th meeting of the Board of Directors (BoD) held on Poush 26 decided to distribute the dividend on the paid-up capital of Rs. 13.18 Arba. 2% bonus shares and an 11% cash dividend were proposed. Furthermore, the company has also decided to distribute a 6% cash dividend for Irredeemable Non-cumulative Preference Shares. The same bonus shares are now listed in NEPSE.

As of writing, ADLB has an LTP of Rs. 228.

Similarly, 2,53,531.19 unit bonus shares of Salt Trading Corporation Limited (STC) have been listed in NEPSE.

The company convened its 56th AGM on 10th Chaitra and endorsed a 15% dividend from the profits of FY 78/79 for shareholders. The BOD meeting held on Poush 28, 2079 proposed a 10% bonus shares and a 5% cash dividend (including tax amount) from the profits of FY 78/79. The current paid-up capital of the company is Rs. 25.35 crore. Thus, the bonus shares were a little over Rs. 2.53 crores and the cash dividend was worth a little over Rs. 1.26 crores. The same bonus shares are now listed in NEPSE.

STC closed at Rs. 3,623 today.

Likewise, 2,43,564.30 unit bonus shares of Swabhimaan Laghubitta Bittiya Sanstha Limited (SMFBS) have been Listed in NEPSE.

The company convened its 6th AGM on the 11th Chaitra and endorsed a 21.0526% dividend worth Rs. 2.56 Crores for the fiscal year 2078/79. The meeting of the board of directors held on Magh 11 decided to distribute the dividend on the paid-up capital of Rs. 12.17 Crores. 20% bonus shares and 1.0526% cash dividend (tax purposes) were proposed.

As of writing, SMFBS has an LTP of Rs. 910.

12,21,772.39 unit bonus shares of Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) have also been listed in NEPSE.

The company convened its 12th AGM on 30th Poush and endorsed a 23% dividend for the fiscal year 2078/79. The 246th meeting of the board of directors held on Poush 06 decided to distribute 23% bonus shares from the profit and reserves maintained for FY 78/79. The paid-up capital of the company is Rs. 53.12 crores, and the bonus shares amounting to Rs. 12.21 crores will be distributed to the shareholders.

As of writing, MMFDB has an LTP of Rs. 560.