Mission development Bank announces Bonus share for shareholders

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Mission development Bank has announced 11% bonus share for its shareholders from the income of FY2074/75.

As per notice published in Nespe, the company will distribute 11% or Rs.5.71 crore bonus shares & 0.5789% or 30.06 lakh cash dividend for tax purpose.

The decision is subjected to approve from upcoming AGM & NRB.

Currently, its paid up capital is Rs.51.92 crore.