Bonus Shares of Nepal Bank and Forward Microfinance Laghubitta Listed in NEPSE
Wed, May 17, 2023 12:09 PM on Latest, Dividend, Bonus & Rights, Share Listed,
28,81,180.9663 unit bonus shares of Nepal Bank Limited (NBL) have been listed in NEPSE.
The bank convened its 63rd AGM on Poush 29 and endorsed a 12% dividend for the fiscal year 2078/79. The meeting of the board of directors held on Poush 01 decided to distribute the dividend on the paid-up capital of Rs. 14.40 Arba. 2% bonus shares worth Rs 28.81 Crore and 10% cash dividend (including bonus shares tax purposes) worth Rs 1.44 Arba were proposed.
The same bonus shares are now listed in NEPSE. The company's last-day close stands at Rs. 245.
Similarly, 21,11,127.469 unit bonus shares of Forward Microfinance Laghubitta Bittiya Sanstha Limited (FOWAD) have been listed in NEPSE.
The company convened its 10th AGM for the FY 2078/79 on Poush 30, 2079. The company endorsed a 30% dividend for FY 2078/79. The meeting of the board of directors held on Poush 04 decided to distribute the dividend on the paid-up capital of Rs. 84.44 Crores. A 5% cash dividend (including tax) worth Rs. 4.22 Crores and a 25% bonus dividend worth Rs. 21.11 Crores were proposed. The same bonus shares are now listed in NEPSE.
FOWAD closed at Rs. 1,104 yesterday.
