Garima Bikas Bank proposes bonus shares for shareholders

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Garima Bikas Bank

Garima Bikas Bank has announced dividend for shareholders from the distributable profit of FY 2075/6.

The board meeting of the company held on 14 Kartik 2076 has decided to distribute 16.15% or Rs.45.03 crore bonus shares and 0.85% or Rs.2.37 crore cash dividend for tax purpose.

The decision should be approved by Nepal Rastra Bank (NRB) and Annual general meeting (AGM).

Currently, its paid up capital stands at Rs.2.78 arba.