Kalika Laghubitta Bittiya Sanstha Limited (KMCDB) has successfully listed 5,94,463.2816 units of bonus shares on the Nepal Stock Exchange (NEPSE).
During the company’s 13th Annual General Meeting held on 29th Chaitra, it was decided to distribute a 20% dividend for the fiscal year 2078/79. The board of directors proposed a distribution of 19% bonus shares worth Rs. 5.94 Crores and a 1% cash dividend (for tax purposes) worth Rs. 31.28 Lakhs on the paid-up capital of Rs. 31.28 Crores.
These bonus shares have now been officially listed on the NEPSE platform. As of the previous trading day, KMCDB’s closing price stood at Rs. 709.
This listing of bonus shares provides an opportunity for shareholders to trade and benefit from the company’s performance. It reflects the company’s commitment to enhancing shareholder value and rewarding its investors through dividend distribution and stock market participation.