hangrila Development Bank Limited (SADBL) has successfully listed 25,69,220.5471 unit bonus shares on the Nepal Stock Exchange (NEPSE). This follows the bank’s 18th Annual General Meeting, held on the 17th of Chaitra, where an 8.983% dividend worth Rs. 27.04 crores for the fiscal year 2078/79 was approved. During a board of directors meeting on Magh 26, it was decided to distribute this dividend on the paid-up capital of Rs. 3.01 Arba. The proposal included 8.534% bonus shares worth Rs. 25.69 crores and 0.449% cash dividend (for tax purposes) worth Rs. 1.35 crores. These bonus shares have now been officially listed on the NEPSE.
As of now, the Last Traded Price (LTP) of SADBL stands at Rs. 290.
Highlights:
- Bindhyabasini Hydropower Development Company’s 5% bonus shares are now listed on the NEPSE.
- The Shangrila Development Bank meets.
- Swabalamban Laghubitta Bittiya Sanstha Limited (SWBBL) lists 16.83 lakh unit bonus shares on NEPSE following 21% dividend approval
- Shine Resunga Development Bank and Lumbini Bikas Bank Bonus Shares Launched on the NEPSE
- Shangrila Development Bank Announces 8.983% Dividend Worth Rs 27.04 Crores for FY 2078/79