Tinau Development Bank announces 12% bonus shares; Paid-up capital to reach Rs 56.77 crore after adjustment
Mon, Sep 17, 2018 10:12 AM on Dividend, Bonus & Rights, Latest, Stock Market,
Tinau Development Bank Limited (TNBL) has announced 12% bonus shares for its shareholders from the net profit of FY 2074/75.
As per the notice published in NEPSE, the development bank has announced 12% bonus shares worth Rs 6.08 crore and cash dividend worth Rs 32.01 lakh for tax purpose.
After the adjustment of bonus shares, the paid-up capital of the bank will reach Rs 56.77 crore.
The decision of the BoD is subject to approval from Nepal Rastra Bank and upcoming AGM of the bank.
