Bonus Shares of GILB, JBBL and NLO Listed in NEPSE

6,63,107.1912 unit bonus shares of Global IME Laghubitta Bittiya Sanstha Limited (GILB) have been Listed in NEPSE.

The board of directors meeting on Magh 04 decided to distribute the dividend on the paid-up capital of Rs. 55.25 crores. 12% bonus shares and 8% cash dividend (for tax purposes) have been proposed. Thus, the bonus shares are a little over Rs. 6.63 crores and the cash dividend is worth a little over Rs. 4.42 crores. The same bonus shares are now listed in NEPSE.

As of writing, GILB has an LTP of Rs. 753.70.

Similarly, 12,80,325.99 unit bonus shares of Jyoti Bikas Bank Limited (JBBL) have been Listed in NEPSE.

The bank convened its 15th AGM on 14th Falgun and endorsed a 6.80% dividend worth Rs. 29.02 crores for the fiscal year 2078/79. The 440th meeting of the board of directors held on Poush 22 decided to distribute the dividend on the paid-up capital of Rs. 4,26,77,53,287. 3% bonus shares worth Rs. 12.80 crores and 3.80% cash dividend (for tax purposes) worth slightly over Rs. 16.21 crores were proposed. The same bonus shares are now listed in NEPSE.

JBBL closed at Rs. 255 today.

Likewise, 97,564 unit bonus shares of Nepal Lube Oil Limited (NLO) have been Listed in NEPSE.

The company convened its 31st AGM for the FY 2078/79 on 28th Ashwin, 2079. The AGM endorsed a 30% dividend for the fiscal year 2078/79. The board of directors meeting on Ashwin 04 decided to distribute the dividend on the paid-up capital of Rs. 38,859,900. 25% bonus shares worth Rs. 97.14 lakhs and 5% cash dividend worth Rs. 19.42 lakhs were proposed. The same bonus shares are now listed in NEPSE.

As of writing, NLO has an LTP of Rs. 255.90.