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Garima Bikas Bank’s 9.50% Bonus Shares Listed on NEPSE

NEPSE has listed 49,28,302.71 unit bonus shares of Garima Bikas Bank Limited (GBBL). During the company’s 22nd AGM held on Poush 29, 2080, it approved a 10% dividend for the fiscal year 2079/80. The endorsed dividend includes 9.50% bonus shares valued at Rs. 49.28 crores and a 0.50% cash dividend (for tax purposes) totaling Rs. 2.59 Crores. These dividends were proposed from the bank’s paid-up capital of Rs. 5.18 Arba.

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