Miteri Development bank propose 17% bonus share for shareholders

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Miteri Development Bank

Miteri Development Bank has announced 17.8947% dividend to its shareholders from the net profit of FY 2074/75.

As per the notice in NEPSE, board meeting of the company decided to distribute 17% or 8.5 crore bonus share & 0.8947% or 44.73 lakh cash dividend for tax purpose.

The decision is subjected approve from Nepal Rastra Bank (NRB) & upcoming annual general meeting (AGM) of Company.

Its paid up capital is Rs.50 crore.