Bonus Shares of Forward Microfinance and Nepal SBI Bank Listed in NEPSE

14,03,899.76 unit bonus shares of Forward Microfinance Laghubitta Bittiya Sanstha Limited (FOWAD) have been listed in NEPSE.

The company convened its 12th AGM on 28th Mangsir, 2081, and endorsed a 14% dividend for the fiscal year 2080/81. The 153rd board of directors meeting held on Ashwin 15 decided to distribute the dividend on the paid-up capital of Rs. 1.05 Arba. 13.3% bonus shares worth Rs 14.03 crores and a 0.7% cash dividend (including tax) worth Rs. 73.88 lakhs were proposed. The same bonus shares are now listed in NEPSE.

As of writing, FOWAD has an LTP of Rs. 1,189.33.

39,90,057.8672 unit bonus shares of Nepal SBI Bank Limited (SBI) have been listed in NEPSE.

The company convened its 31st AGM for 21st Poush, 2081, and endorsed a 10.65% dividend for FY 2080/81. The 521st meeting of the board of directors held on Mangsir 18, 2081, decided to distribute a 10.65% dividend on the paid-up capital of Rs. 10.12 Arba. 3.8% bonus shares and 6.85% cash dividend (including tax) were proposed. The same bonus shares are now listed in NEPSE.

As of writing, SBI has an LTP of Rs. 416.35.