Excel Development Bank proposes Bonus share

cash dividend

Excel Development Bank Limited has announced dividend for shareholders from the distributable profit of FY 2075/76.

The board meeting of the company held on 18 Magh 2076 has decided to distribute 17.10% and 0.90% cash dividend for tax purpose.

The decision should approved by Nepal Rastra Bank and Annual general meeting of the company.

Currently, its paid up capital stands at Rs. 69.26 crore.

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