Garima Bikas Bank announces 13.75% dividend; Paid up capital to reach Rs 2.78 arba after 10% bonus shares
Tue, Sep 11, 2018 10:57 AM on Dividend, Bonus & Rights, Latest, Stock Market,
Garima Bikas Bank Limited (GBBL) has announced 13.75% dividend for its shareholders from the net profit of the FY 2074/75.
As per the notice published in NEPSE, the development bank will be distributing 10% bonus shares worth Rs 25.35 crore and 3.75% cash dividend including taxes.
The decision is subject to approval from Nepal Rastra Bank and upcoming AGM of the development bank.
After the adjustment of the bonus shares, the paid up capital of the company will reach Rs 2.78 arba.
