Bonus shares of three development banks get listed on NEPSE; more than 2.50 Million units made tradeable

Aug Fri 2019 09:07:12

565 views

Bonus shares of three development banks get listed on NEPSE; more than 2.50 Million units made tradeable

Nepal Stock Exchange Limited (NEPSE) has published notices regarding the listing of bonus shares of three development banks namely, Deva Bikas Bank Limited (DBBL), Purnima Bikas Bank Limited (PURBL) and Miteri Development Bank Limited (MDB).

As per the notice, 1,393,524.19 Units Bonus Share of Deva Bikas Bank Limited has been listed on the stock exchange. The company had distributed 5.50% bonus shares out of the profits of FY 74/75 for the shareholders.

Similarly, 262,516 Units Bonus Share of Purnima Bikas Bank Limited has been listed on the stock exchange. The company had distributed 5% bonus shares and 6.37% cash dividend out of the profits of FY 74/75 for the shareholders.

And, 850,000 Units Bonus Share of Miteri Development Bank Limited has been listed on the stock exchange. The company had distributed 17% bonus shares out of the profits of FY 74/75 for the shareholders.

A total of 2,506,040.19 units of shares have been made tradeable. These shares can now be freely traded in the secondary market.