Radhi Bidyut Corporation and Himalayan Bank Bonus Shares are Now Listed on the NEPSE


Radhi Bidyut Company Limited (RADHI) has launched 7,59,990.842 unit bonus shares on NEPSE.

The company’s AGM, held on Poush 28, 2079, approved a 5% dividend for fiscal year 2078/79. The board of directors of the firm met on the 5th of Poush 2079 and suggested a 5% dividend from the paid-up capital. The firm has a paid-up capital of Rs. 1.59 Arba. A cash dividend of 0.25% (including tax) and 4.75% bonus shares were proposed. NEPSE now lists the same bonus shares.

Yesterday, RADHI closed at Rs. 262.10.

Similarly, Himalayan Bank Limited (HBL) has launched 1,03,74,980.58 unit bonus shares on NEPSE.

The company’s 30th AGM, held on Poush 28, 2079, approved a 19.11% dividend for fiscal year 2078/79. On Poush 05, the 427th board of directors meeting resolved to disburse the dividend on paid-up capital. Bonus shares worth 11.11% and cash dividends of 8% were suggested.

NEPSE now lists the same bonus shares. HBL’s LTP is Rs. 285.

Himalayan Bank Limited (HBL) and Civil Bank Limited (CBL) have finalized their merger, and the combined operation will commence on Falgun 12 under the name “Himalayan Bank Limited.” The business signed a merger agreement with a swap ratio of 100: 80.28.

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