Nepal Investment Bank proposes 40% dividend; Paid-up capital to reach Rs 12.56 arba after adjustment

Nepal Investment Bank Limited (NIB) has proposed 40% bonus shares for its shareholders.

As per the information received, the meeting of the BOD which was convened at 5 PM yesterday has proposed 18% bonus shares and 22% cash dividend for the FY 2074/75.

The decision is subject to approval from the Rastra Bank and upcoming AGM of the bank.

After the adjustment of 18% bonus shares, the paid-up capital of the bank will reach Rs 12.56 arba.(source)

Leave a Reply

Your email address will not be published. Required fields are marked *