Prabhu Bank Limited has distributed a 12% bonus share directly to the Demat accounts of its shareholders.
The 20th AGM of the company held on Poush 18 endorsed a 12.63% dividend for the fiscal year 2077/78. The 228th meeting of the board of directors held on Kartik 23 decided to distribute the dividend on the paid-up capital of Rs. 11.34 Arba. 12% bonus shares worth Rs 1.36 Arba and 0.63% cash dividend (for tax purposes) have been proposed.
The same bonus shares are now deposited to Demat accounts. Poush 04 was the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout. As of writing, PRVU has an LTP of Rs. 302.
Similarly, Shine Resunga Development Limited has…
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