Everest Bank Limited Lists 1,06,98,094.44 Bonus Shares on NEPSE Following AGM Approval

Everest Bank Limited Lists 1,06,98,094.44 Bonus Shares on NEPSE Following AGM Approval 1

A total of 1,06,98,094.44 units of bonus shares from Everest Bank Limited (EBL) have been officially listed on the Nepal Stock Exchange (NEPSE). This follows the company’s 29th Annual General Meeting (AGM) conducted on the 30th of Ashwin, 2080, where a dividend of 20.53% for the fiscal year 2079/80 was approved. During the 357th meeting of the Board of Directors (BODs) on Bhadra 27, a decision was made to distribute a 10.53% cash dividend and a 10% bonus share from the company’s paid-up capital, which currently stands at Rs. 10.69 Arba.

The bonus shares, reflecting the aforementioned decision, are now officially listed on NEPSE for trading.

As of the latest update, the closing price of EBL on the stock exchange stands at Rs. 510.00.

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