Bonus Shares of GFCL and NBL Now Listed in NEPSE

7,89,152 units bonus shares of Goodwill Finance Company Limited (GFCL) have been listed in NEPSE.

The 27th AGM of the company held on 29th Poush, 2078 endorsed a 13% dividend for the fiscal year 2077/78. The 378th meeting of the board of directors held on Mangsir 26 decided to distribute the dividend on the paid-up capital of Rs. 86.72 crores. 9.1% bonus shares worth Rs 7.89 crores and 3.9% cash dividend (including tax) worth Rs 3.38 crore have been proposed.

The same bonus shares are now listed. As of writing, GFCL has an LTP of Rs. 644.10.

Similarly, 1,76,91,462.07 units bonus shares of Nepal Bank Limited (NBL) have also been listed in NEPSE.

Nepal Bank convened its 62nd AGM for the FY 2077-78 under the leadership of its chairman Mr. Suman Raj Aryal on Poush 2, 2078. Apart from the regular financial reports, the AGM endorsed the board’s proposal to provide 14% bonus shares worth Rs 1.76 Arba and 3% cash dividend worth Rs 37.91 crore to its shareholders.

The same bonus shares are now listed. As of writing, NBL has an LTP of Rs. 347.80.