Bonus Shares of SHINE, NIFRA, and CBL Now Listed in NEPSE – |

37,25,451.0525 units bonus shares of Shine Resunga Development Bank Limited (SHINE) have been listed in NEPSE.

The 13th AGM of the company held on 29th Mangsir, 2078 endorsed an 11.5% dividend for the fiscal year 2077/78: 10.93% bonus shares and 0.57% cash dividend (for tax purposes). The paid-up capital of the company during dividend distribution was Rs. 3.40 Arba. Thus, the bonus shares are worth Rs. 37.25 and cash dividend is worth Rs 1.96 crore.

The same bonus shares are now listed in NEPSE. As of writing, SHINE has an LTP of Rs. 413.

1,60,00,000 units bonus shares of Nepal Infrastructure Bank Limited (NIFRA) have also been listed in NEPSE.

The 3rd AGM of the company held on 29th Mangsir, 2078 endorsed an 8%…